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Insolvency

Featured

  1. Insolvency licences

    Insolvency is a highly regulated area of practice and IPs must complete training in many aspects of law and practice.

Support and guidance

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  1. Statements of insolvency practice (SIPs)

    SIPs set principles and key compliance standards with which Insolvency Practitioners are required to comply.

  2. Coronavirus - Insolvency

    See the latest information in insolvency amid the coronavirus outbreak.

News in Insolvency

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  1. Pre-packs: more scrutiny coming

    A look at the soon to be laid regulations to require scrutiny of pre-pack sales to connected parties in administration.

  2. Coronavirus - Insolvency

    See the latest information in insolvency amid the coronavirus outbreak.

  3. Insolvency technical update: January

    Insolvency technical update – your round-up of recent developments in insolvency.

  4. RBS v Donnelly action for reduction

    A look at the latest judgment, in the long-running litigation between RBS and Donnelly, concerning the reduction of the debtor’s discharge to enable RBS to set-off its liability to compensate the debtor for mis-selling PPI in the past.

Latest developments

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  1. HMRC Insolvency Guidance – VAT

    HMRC has issued guidance regarding changes to its IT systems, which are impacting VAT processing in insolvency cases.

  2. Corporate Insolvency and Governance Act 2020

    Find out more about the Corporate Insolvency and Governance Bill.

  3. Insolvency technical update – May

    Insolvency technical update – your round-up of recent developments in insolvency.

Consultation and responses

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  1. Insolvency SIP consultations

    Find out about proposed changes to SIPs relating to voluntary arrangements, financial reporting and remuneration

  2. 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.

  3. AiB's proposed changes to DAS

    Examining AiB's proposed changes to the Debt Arrangement Scheme (DAS)

Technical updates

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  1. Insolvency technical update: December

    Insolvency technical update – your round-up of recent developments in insolvency.

  2. Insolvency technical update: November

    Insolvency technical update – your round-up of recent developments in insolvency.

  3. Insolvency technical update: October

    Insolvency technical update – your round-up of recent developments in insolvency.

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