News in Insolvency
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Insolvency technical update – January 2020
Insolvency technical update – your round-up of recent developments in insolvency.
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Independent Loan Charge Review – consequences for the insolvency profession
Steven Wood considers the recent independent Loan Charge review from an insolvency perspective.
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The future of PTDs
ICAS has responded to the Scottish Parliament’s inquiry into Protected Trust Deeds (PTDs) by strongly advocating for a wholesale review of Scottish debt solutions, as opposed to the amendment of trust deed legislation in isolation.
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Insolvency technical update – December 2019
Insolvency technical update – your round-up of recent developments in insolvency.
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AML changes in 2020
Legislation to implement the EU’s fifth AML Directive has been published and will become effective on 10 January 2020.
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Insolvency technical update – November 2019
Insolvency technical update – your round-up of recent developments in insolvency.
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Debtor wins latest PPI dispute
A recent judgment reaffirms that once a trust deed is terminated the debtor will benefit from any PPI claim that remains outstanding.
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Tax abuse and insolvency
Steven Wood considers draft legislation to tackle tax abuse using company insolvencies.
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Pension proceeds in sequestration
Steven Wood reviews a recent decision regarding a pension payment made to a debtor from an approved pension arrangement.
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Insolvency Rules 2018: A further update
Steven Wood looks at some of the further issues that have arisen following the introduction of the Scottish Insolvency Rules 2018.
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Insolvency technical update – October 2019
Insolvency technical update – Your round-up of recent developments in insolvency.
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DAS regulations
Steven Wood takes a final look at the Debt Arrangement Scheme (Scotland) Amendment Regulations 2019 following clarification of key points.
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Court reporter - update
The ICAS Court Reporter Pack has been significantly updated. David Menzies looks at the developments.
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Insolvency technical update – September 2019
Insolvency technical update – Your round-up of recent developments in insolvency.
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Reducing early failure in IVAs and trust deeds
Failings IVAS and Trust Deeds have always been an issue in the personal insolvency industry.
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Funeral expenses in sequestration
AiB's notes for guidance for Trustee's (NFG) have been updated.
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Insolvency Technical Update - August 2019
A monthly round up of insolvency related news.
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HMRC as a preferential creditor
Draft legislation giving greater detail on proposals announced during the last budget for HMRC to be a secondary preferential creditor has been published. Steven Wood considers the draft legislation in more detail.
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Insolvency Technical Update - July 2019
A monthly round up of insolvency related news.
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Insolvency Rules 2018: Amendments
Minor corrections to the new Scottish Insolvency Rules.