This course introduces delegates to formal insolvency procedures for companies – i.e. administrations, receiverships, CVAs and liquidations. The seminar explains the language of insolvency law in a practical context through the use of examples and case studies. The course also covers key numerical analyses including statements of affairs, deficiency accounts and estimated outcome statements.
This course is popular with both trainee solicitors looking to develop new skills and with qualified solicitors who either want to brush up on their skills or are moving into new areas of practice.
- The differing types of secured lending and their key features
- The relative advantages and disadvantages of administration, receivership and CVAs from the differing perspectives of unsecured creditors, directors and secured lenders
- The associated risks and implications for directors of insolvent companies who do not take decisive action
- The differing ways in which a company can be placed into liquidation and the powers of the liquidator to claw back transactions
- The background to and the significance of the key changes to corporate insolvency law introduced by the Enterprise Act 2002
- Statements of affairs, deficiency accounts and estimated outcome statements
All prices are exclusive of VAT