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Talk Insolvency hosted this webinar on 19 January 2012 to kick start the new year with a reminder of some of the topical issues from 2011.
Access the recording and presentation slides
Here is a copy of the recordin...
The latest post-Minmar case law on the topic of out of court appointments has created even greater uncertainty over the statutory requirements. On 21 December 2011, the High Court handed down two judgments in which the respective judges had arrived ...
We are all familiar with having to complete standard VAT returns within one month, and have diary lines and reminders set up to ensure that we comply.
But, we have recently seen problems at a number of practitioners following de-registration.
There is no doubt that the rise in insolvencies during the recession has put insolvency practitioners under the spotlight. It is little wonder therefore that the profession has come under closer scrutiny. However, the results of the Government consu...
Talk Insolvency hosted a webinar on SIP 16 reporting on 7 December 2011 with guest presenters from the Insolvency Service sharing their experiences of monitoring the reports submitted by IPs. You can now access the recording of the webinar or d...
The High Court has held that a company which received sums contrary to section 239 of the Insolvency Act 1986 ("the Act") was jointly and severally liable to repay them along with the de facto or shadow director who had authorised the payment.
Following the Paymex decision, we understand that HMRC has now decided that IP's fees on both Trust Deeds and CVAs should be exempt from VAT. Their VAT notice 701/49 has been amended to clarify the position for CVAs. You can access it...
ICAEW IPs are used to completing an annual compliance review for their insolvency work. But there is one area that we often see missed when we conduct our visits - an annual compliance review of clients' money procedures.
To be clear here, I am...
The Fraud Advisory Panel issued a new factsheet yesterday - An introduction to fraud indicators.
The factsheet outlines why fraud indicators are important and highlights some of the 'red flag' indicators that fraud may be occurring. ...
The rule against double proof means that an insolvency estate may not pay two dividends in relation to the same debt.There is also an equitable principle known as the rule in Cherry v Boultbee. The Supreme Court considered the conflict between ...
Readers may remember the case of National Westminster Bank plc v Kapoor and Tang [2011] EWHC 255 (Ch), in which the High Court revoked Mr Kapoor's IVA.This case has now been considered by the Court of Appeal.