News

Find out the latest insolvency industry news and information from our blogs and updates:

• Latest information and technical updates can be found on our blog.


• Michelle Butler writes a separate, regular blog which is available here.


• Updates on technical and regulatory developments are available here.


• You can follow us on Twitter here.


• We also have a profile and updates on LinkedIn.

Bite-sized Training 2022

We continue to offer clients something different to help with training staff or just reminding staff of the practical steps to take and why they are taking them to meet the compliance standard.

As in 2021, we will be offering bite-sized early morning live training sessions. Each session will be around 20-30 minutes depending on the interaction of those participating. We will be sending out the GoToMeeting joining details one week in advance of each session.

In 2022, the first six live sessions will be available free of charge to ALL current clients at the date of the training session. Each session will be recorded and the recording will be available for webinar clients only. After these six sessions have ended we will continue with the other planned bite-sized training sessions listed below but these sessions will only be available to webinar clients.

We are always open to suggestions and ways to improve our services so please feel free to put forward suggestions about future bite-sized training sessions or give feedback so that we may improve the sessions.

Details of our annual subscriptions and other services are available here.

The initial six bite-sized sessions will focus on Administrations; each session will start at 9am:

Remaining sessions:

• Date TBC
  Common mistakes on proposals – a checklist to help you make sure these don’t happen.


• Date TBC
  Extensions – who, when, what, how and why (practice directions, timelines, and who are the secured creditors), criteria to move to CVL and how else an ADM may be exited.


• Date TBC
  Fixed, floating, prescribed part, file notes and decisions.

Completed sessions:

• Monday 10 Jan
  Administration objectives, para 52 statements, who are the secured creditors and who approves fees?


• Monday 24 Jan
  Decisions, decisions, decisions – deemed approval, deemed consent, fees, para 52 statements, preferential decision procedures and who approves discharge from liability?


• Friday 4 Feb
  Sale of assets in administration: when SIP 16 applies, when SIP 13 applies and how to comply with the Regulations.

Other Future sessions (dates to be determined):

These sessions, both live and recorded, will be available for webinar clients ONLY.

• Report writing: where to start, Rules, SIPs and story-telling
• Proof, proxies and corporate creditors
• Dividends
• QFC: allocation between fixed and floating assets and costs
• Time recording, files note and strategy documents, IReg 94, IP Reg 2005 (as amended October 2015) and Insolvency Guidance: Control of Cases
• Closing a case: ADMs, CVLs and MVLs
• SIP 2 / CDDA
• Further fee authority - information to be given, what you can and cannot do and who needs to approve what you are specifically seeking
• MVLs
• Deficiency accounts

Bite-sized Training 2021

Past sessions:

For the initial 12 sessions from January to March, each session was available free of charge to current clients who were subscribed to our document packs, technical support or webinars at the date of the training session.

• Monday 11 Jan, 8am
  Ethics


• Monday 18 Jan, 8am
  AML


• Friday 22 Jan, 8am
  Bribery Act & Brexit and End of the Transition Period


• Monday 1 Feb, 8am
  GDPR and IPs’ Responsibilities for digital data, books and records: why are these two things not the same?


• Monday 8 Feb, 8am
  S100 Timeline & Practical Issues: what information do I need before starting the process and what could go wrong?


• Monday 15 Feb, 8am
  S100 Practical issues: Virtual Meeting v Deemed Consent


• Friday 19 Feb, 8am
  SOA (all case types) & SIP 6: what really needs to go into it, who gets sent what and when, and what are the other bits of SIP 6 that I need to know about?


• Monday 1 Mar, 8am
  Centrebinds - what they are, why do them, how to avoid them and if you do do one, how it affects the statutory deadlines


• Monday 8 Mar, 8am
  Review of amendments to SIPs 3.2, 7 & 9


• Monday 15 Mar, 8am
  S100 - do I really need to call a physical meeting and if I do, how quickly does that need to happen and what about the SoA?


• Friday 19 Mar, 8am
  Pre-appointment fees and expenses - S100 and R6.7


• Monday 29 Mar, 8am
  Client Accounts, Hiatus Bank Accounts and SIP 11

From April each session was available to webinar clients only.

• Thursday 15 Apr, 12 noon
  Connected Party Sales in Administration and the revised SIP 16 and SIP 13


• Thursday 29 Apr, 12 noon
  Debt Respite - what as an IP do you need to know?


• Thursday 27 May, 1pm
  Other stuff you are expected to know but nobody explains: Part 1 - a petition has been issued/FCA regulated


• Thursday 3 Jun, 12 noon
  Other stuff you are expected to know but nobody explains: Part 2 - Pensions/H&S/Environmental Issues


• Thursday 15 Jul, 12 noon
  Anti-Money Laundering Update


• Thursday 12 August, 8am
  Committees