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The Insolvency (England and Wales) Rules 2016

The Insolvency (England and Wales) Rules 2016

On 6 April 2017 the long-awaited Insolvency (England and Wales) Rules 2016 came into force. The Rules consolidated and changed procedures to be follwed on insolvency cases in a number of important arears including distributions, reports in the holding meetings. Further details can be found here http://www.legislation.gov.uk/uksi/2016/1024/contents/made… Read more


The Insolvency (England and Wales) Rules 2016

The Insolvency (England and Wales) Rules 2016

After three years in the making the Insolvency (England and Wales) Rules 2016 have finally arrived and will come into force on 6 April 2017. The new rules are a consolidated, restructured, modernised take on the 1986 rules which have been amended 28 times since they came into… Read more


Consumers to have preferential status?

Consumers to have preferential status?

Consumers could be set to jump up the insolvency hierarchy if parliament backs the latest law commission recommendations. The Law Commissions Report Consumer Prepayments and Retailer Insolvency put before parliament on the 13th July 2016 recommends, amongst other things, that consumers who prepay for goods or services… Read more