Reconstruction & Corporate Recovery Update - April 2010

22-Apr-2010  |  Restructuring & Corporate Recovery


Welcome to the April issue of Reconstruction & Corporate Recovery Update.

Lawyers Nick Moser, Neil Smyth

 

In this issue we look at:

  • SIP 16 - report on its operation
  • Consultation on pre-packs
  • Assessment of contributions under s213 Insolvency Act 1986
  • Interpretation of contracts: meaning of 'winding up'
  • Anti-deprivation clauses: the US court begs to differ
  • New Insolvency Rules now in force
  • Cross-border insolvency: new guidance from UNCITRAL
  • No duty to obtain annulment of properly made brankruptcy order
  • Bankruptcy and winding-up: consultation from Insolvency Service
  • Debt relieve orders: proposal to disregard pensions
  • Increasing the cost of bankruptcy and winding up: fee increase
  • Student loads and individual voluntary arrangement
  • Insolvency Service announces crackdown on bankrupts who try to conceal assets
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