Course description
As the economic position continues to be difficult, many businesses face problems and look to restructure. For anyone advising businesses in such positions in these challenging times, it is essential to understand how the principles of insolvency law can assist in corporate restructuring.
This virtual classroom seminar, presented by Rachel McCahill, covers the main aspects of insolvency law applicable in corporate restructuring situations and is designed to provide an understanding of the different insolvency procedures available and their effects, the advantages and disadvantages of each and the main factors to be taken into account when considering the options available. Be sure to tune in for her expert guidance on this topic.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
As the economic position continues to be difficult, many businesses face problems and look to restructure.
For anyone advising businesses in such positions in these challenging times, it is essential to understand how the principles of insolvency law can assist in corporate restructuring.
This new virtual classroom seminar covers the main aspects of insolvency law applicable in corporate restructuring situations and is designed to provide an understanding of the different insolvency procedures available and their effects, the advantages and disadvantages of each and the main factors to be taken into account when considering the options available.
What You Will Learn
This live and interactive session will cover the following:
- The sale of a business and/or assets within the administration process, including pre pack administrations and a detailed discussion of the Administration (Restrictions on Disposal etc. to Connected Persons) Regulations 2020
- The sale of a business and/or assets within the liquidation process
- TUPE issues arising from restructuring through an insolvency process including a discussion of relevant case law including Oakland v Wellswood, Key 2 Law (Surrey) LLP v Gaynor De'Antiquis, Spaceright Europe Limited v Baillavoine and Another and Zaman and Others v Kozee Sleep Products Limited
- Restrictions on the re-use of a prohibited name (Section 216 and Section 217 Insolvency Act 1986)
- Remuneration of director shareholders including excessive remuneration and the dangers of unlawful dividends including a discussion of Global Corporate v Hale and Toone v Robbins
- HM Revenue Bonds for ongoing trading
- The position of a landlord in insolvency including a discussion of Re Atlantic Computers, Sunberry Properties Limited, Goldacare (Offices) Limited v Nortel Networks UK Limited and Re Luminar
Expenses
MBL Seminars Limited
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