Insolvency & Restructuring News

Revised SIP 13 issued

22/11/16

A revised SIP 13 has been issued, which will come into effect on 1 December 2016. SIP 13 relates to disposal of assets to connected parties in personal and corporate insolvency process (other than MVLs). The revised SIP follows the key compliance standards model adopted in recent SIPs (including last year's revised SIP 16).

SIP 13


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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:

  • Kennedy & ors v Fonds Rusnano Capital - para 71 Sched B1; proper price
  • Cresta Estates Limited and others v MPB Developments Limited and others – non-party costs order against directors
  • Beograd Innovation Ltd v Somovidis – application for recognition and enforcement of a money judgment obtained from a foreign court