Technical Update November

This technical update contains the following:-

• TR 5
CASE LAW
• Ascertaining insolvency
• Winding-up is not an alternative to a property adjustment
order
• Administration not always appropriate
• Director’s right to challenge administrators not stopped by
para 64 Sch B1
LEGISLATIVE UPDATE
• Consultation for non-bank resolution regimes
GENERAL INFORMATION
• Consumer Credit Licence
• Guidance on PPI for Sequestration and Trust Deeds
• Duties of the IP as Advisor
• Senior Accounting Officer Rules
• Senior Manager role
• Job Opportunities
• The artist formerly known as …

Technical update 11 2013

Technical Update October 2013

This technical update contains the following:-

CONTENTS
• Draft SIP 16 update and SIP 11
CASE LAW
• Administration order not granted as condition para 11(b)
not met
• Court dispenses with need to call a meeting and send a
proposal in administration
• Liquidator forced to trial
• False documentation does not evidence charge was a
sham
LEGISLATIVE UPDATE
• Rules Modernisation
• Protected Trust Deeds (Scotland) Regulations 2013
• EU Liquidation & Insolvency Register
• Changes to the Companies Act 2006
GENERAL INFORMATION
• Further clarification on Paymex from HMRC
• North London Insolvency CPE Group
• JIEB & CPI 2014
• JIEB Senior Moderator

Technical update 10 2013

Technical Update September 2013

This technical update contains the following:-

• SIP 14
CASE LAW
• Definition of establishment for secondary proceedings
• Establishment defined for employees
• Double Proof in respect of pension claim accepted
• Clarification of s123
• Data requests and Liquidator’s obligation
LEGISLATIVE UPDATE
• Proposed changes to Disqualification of Directors
• Revisions to the UNCITRAL guide
• Bank accounts for bankrupts
• No more Early Discharge from bankruptcy
• Consultation: Industrial and Provident Societies
GENERAL INFORMATION
• Insurance for pre-packs
• Consultant

Technical update 9 2013