The increasing accessibility to information and recent case law casts doubt on the protection afforded to a company with regards to restrciting the advertisement of a winding up petition.
Carolyn heads up the Insolvency, Corporate Recovery and Restructuring team.
Carolyn is based in London where she deals with all aspects of contentious and non-contentious corporate and personal insolvency, advising insolvency practitioners, accountants, banks and other commercial organisations, company directors and private individuals.
Her corporate clients include Baker Tilly, Barclays Bank Plc, Begbies Traynor, BDO Stoy Hayward, GVA Grimley, Grant Thornton, Harris Lipman, KPMG, Zolfo Cooper, MacIntyre Hudson LLP, Mercer & Hole, Moore Stephens, PKF (UK) LLP, PwC, Smith & Williamson, Tenon and Vantis.
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There is anomaly in the legislation, in the realm of liquidation committees. The overall thrust of the legislation now is to reduce the quantity of reporting to central agencies and to reduce the meetings required to report to creditors. However, the reporting requirements do not appear to apply equally across the different types of liquidation.
Those familiar with the routine of filing NOIs and subsequent Notices of Appointment may be in for a big surprise next time they go to Court. The current Court practice (a very recent development) is only to accept originals for filing. Many practitioners will have successfully filed previously on the basis of a scanned or faxed copy –… Learn more