Even if you don’t “do” insolvency, at any time your client, or the opposing party could become insolvent. If your client is insolvent, you need to know what restrictions there are on issuing proceedings and continuing to trade. If the other party is insolvent, you need to know how to issue a bankruptcy petition (in the case of an individual) or a winding-up petition (in the case of a company or partnership). With that in mind, this series will discuss what junior property and commercial litigators need to know.
Running out of credit – Bankruptcy: principles and tactics (24 September 2014)
This seminar will cover:
- Types of personal insolvency – how they differ?
- Who to deal with when your client is insolvent?
- Restrictions on proceedings
- Restrictions on payments and transactions
- Step by step guide to bankruptcy proceedings
- Simple strategies for defending bankruptcy petitions
When companies go bust – The basics of corporate insolvency (30 September 2014)
This seminar will cover:
- Types of corporate insolvency
- Who controls the company now?
- Restrictions on proceedings
- Restrictions on transactions
- Step-by step-guide to winding up petitions
- Simple strategies for defending winding up petitions
