Insolvency & Restructuring News

New Insolvency Practice Direction approved

23/02/12

The Chancellor of the High Court's new Insolvency Practice Direction has been approved by the Lord Chancellor and therefore comes into immediate effect today, 23 February 2012.

New Insolvency Practice Direction


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Recent Bulletins

A key service provided by the ILA is the provision of bulletins keeping its membership up-to-date with the latest developments in insolvency law.

Below are a selection of recent topics covered:

  • Peakwave v Energy Evolution – Cayman Islands Court appoints provisional liquidators notwithstanding stay in favour of arbitration and clarifies the remit of their powers
  • City of London v Robinson Webster (Holdings) Ltd – CVA did not free tenant from liability to pay NDR
  • Wonop ApS v Jagger and Woodthorpe - para 84(4) ScheduleB1