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 it’s membership up-to-date with the latest developments in insolvency law.

Below are a selection of recent topics covered:

  • Re Nortel Networks France S.A.S. – administrator discharge and remuneration
  • CFL Finance - IVAs: good faith and transparency
  • Burnden Holdings - liquidator challenges to distribution in specie and to grant of security