Insolvency Law - All The Latest News in 6 Essential Online Modules

Introduction

In the last 12 months or so there have been more changes in the world of insolvency and corporate recovery than there have been since the Insolvency Act 1986.

Further changes are anticipated in the light of recent Government announcements and proposed legislation responding to the COVID-19 emergency.

This online bundle brings together 6 of the most important areas of insolvency law. Each online module is delivered in bite-sized slots of 30 minutes and will cover the key issues.

Presented by Stephen Allinson, this is the ideal way for you and your colleagues to keep up to date with all the latest developments, including the current changes outlined by the Corporate Insolvency and Governance Act. The modules will be topical and relevant and signpost potential future changes too.

What You Will Learn

The modules covered are as follows:

Module 1 - The Personal & Corporate Regimes (30 Minutes)

• A summary of the various procedures
• The legislative framework for insolvency
• The Insolvency Rules 2016 - what has changed
• Acting for a creditor affected by the process; how to protect your position
• The interplay of other areas of law with the insolvency process
• Potential changes on the horizon

Module 2 - The Corporate Rescue Regimes (30 Minutes)

• When and how to use them
• The development of the Administration process and where we are now
• CVAs - a different rescue remedy
• New Government proposals in 2020 for company rescue
• The position of the directors in the insolvency rescue regimes
• Secured creditors and corporate rescue

Module 3 - Liquidations (30 Minutes)

• MVLs and CVLs - a comparison
• Compulsory liquidation - the lawyer's role in the process
• The decision making regimes in liquidation since 2016
• The role and duties of an Insolvency Practitioner
• Employees and the claims they can make
• Practical steps a creditor can take in the liquidation process

Module 4 - Personal Insolvency (30 Minutes)

• Bankruptcy; Debt Relief Orders and Individual Voluntary Arrangements compared and contrasted
• Role and duties of a Trustee in Bankruptcy
• Obligations of the debtor in the different processes
• Bankruptcy and the matrimonial home - the competing interests
• The creditor’s position in a personal insolvency scenario
• Potential personal insolvency changes - the ‘breathing space’ regime

Module 5 - Directors & Corporate Insolvency (30 Minutes)

• The changing role of the director in the different corporate processes
• Cooperation duties explained and enforcement powers considered
• The director disqualification regime explained
• Compensation Orders- are directors more at risk now
• Personal liability or not - a guide for those affected
• Starting again after corporate failure - how to do it properly

Module 6 - Post Insolvency Recovery Litigation (30 Minutes)

• The different corporate insolvency claims and how they work in practice
• Personal Insolvency transactional avoidance issues
• Setting recent case law in context for all areas
• Investigative powers of the insolvency practitioner
• What part do creditors play
• Funding insolvency litigation - the latest position

This webinar was recorded on 4th August 2020