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A to Z of Insolvency Law - In 2 Days

21st Sep 2015
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AIA
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This two day intensive training will concentrate on the key procedures in corporate and individual insolvency from voluntary arrangements to antecedent transactions. It aims to be an effective refresher and also a thorough introduction for persons wanting to move into the discipline.

Voluntary Arrangements

  • What can be achieved?
  • Informal arrangements and possible saving in fees
  • Insolvency Act arrangements
  • Getting a moratorium and how they work
  • The key meetings - the role of the chairman, admitting votes and approving arrangements
  • Challenging arrangements for materials irregularities and unfair prejudice

Receiverships

  • Court appointments, the earliest receiverships but still possible
  • LPA receivers on mortgage default
  • Receivers and managers
  • Administrative receivers and qualifying floating charges
  • The selfish nature of receiverships, how they are essentially contractual

Administrations

  • The purpose of administrations, saving the business if possible
  • Appointment of administrators now possible by the directors
  • The moratorium and what it can achieve
  • Achieving the outcome
  • Challenging administrators unfair prejudice and misfeasance
  • Pre-packaged administrations how changes in the law have made these possible

Winding up

  • Types of winding up and the question of costs
  • Appointment of the liquidator especially creditors' rights
  • Getting in the assets and protecting them meanwhile
  • The distribution and who bears the costs
  • Dissolution of the company

Tackling Antecedent Transactions

  • Undervalues and transactions to defeat the claims of creditors
  • Can property be hidden?
  • Preferences and how to avoid them
  • Misfeasance - a right of action or a procedural device?
  • Fraudulent trading
  • Wrongful trading and its risks in the real world
  • Personal liability of directors
  • Disqualification of directors

Bankruptcy

  • The procedure in outline
  • What the bankrupt may retain
  • Bankruptcy offences and what risks he runs
  • Discharge and annulment
  • The distribution
  • Bankruptcy restriction orders

Please click here to read more

This course will be taking place in:

LONDON - 13-14 April 2016

We're currently offering a reduced rate of £480+VAT (standard rate is £960+VAT) to accountingWEB readers - to book your discounted place now please contact [email protected] quoting reference AWEB15 and the course title.

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