bg

Shedding light on the law and practice of adjourning/dismissing insolvency petitions – March 2016

29/03/2016

Everything about insolvency petitions marks them apart from ordinary litigation. The Civil Procedure Rules are largely inapplicable. There are no parties in a strict sense, no statements of case nor disclosure and no oral evidence nor trial. Every hearing is a final hearing unless it is postponed to another final hearing. It is therefore of great importance for the practitioner to know and understand the law and practice of adjourning petitions. Unfortunately, this is not set out in the Act or Rules. Instead, it is largely derived from judge-made law. Even then, it is difficult for the uninitiated to find. The recent decision in Aabar Block S.A.R.L v Glenn Maud [2015] EWHC 3681 (Ch) (“Maud”) is a welcome review of the authorities. The simple message is that the discretion to adjourn/postpone is very wide and, whilst there are certain general rules of thumb, its exercise is highly fact-sensitive.

Click here to read the article in full.

Sign up

To be kept up-to-date with our latest news and future events, please complete the short form.

Register

Follow

For help or advice please call 0117 930 9000 or complete the form below.

A member of the clerking team will help you resolve your request.

Name(Required)
This field is for validation purposes and should be left unchanged.

Frequently asked questions

Menu

Close

Portfolio Builder

Select the expertise that you would like to download or add to the portfolio

Download    Add to portfolio   
Portfolio
Title Type CV Email

Remove All

Download


Click here to share this shortlist.
(It will expire after 30 days.)