³ÉÈËÓ°Òô

Why should you buy Butterworths Insolvency Law Handbook 27th Edition

Adopting a user-friendly, chronological layout, it covers the most important statutes, statutory instruments and European legislation. Legislation is printed as currently in force with all amendments, repeals and revocations, providing full assurance that you are advising clients accurately.

What’s new for 2025?

The twenty-seventh edition of the Handbook incorporates important changes to the insolvency regimes in England and Wales, and Scotland, introduced since the previous edition, including:
•The Information Sharing (Disclosure by the Registrar) Regulations 2024 which permit the Registrar of Companies to disclose information to insolvency practitioners and the Official Receiver (among others) under section 1110F of the Companies Act 2006, where the Registrar is satisfied that the information is necessary for the purpose of assisting those persons to make (or determine whether to make) an application to the court under provisions relating to antecedent transactions and fraudulent or wrongful trading.
•Relevant provisions of the Building Safety Act 2022 introduced by the Leasehold and Freehold Reform Act 2024 which place a duty on insolvency practitioners who are appointed to the insolvency of the owner or leaseholder of certain high risk residential buildings to notify local regulators.
•Amendments to the Company Directors Disqualification Act 1986 made by Digital Markets, Competition and Consumers Act 2024 which enable disqualification of a person from being a director as a consequence of their involvement in an infringement of a conduct requirement under the Digital Markets, Competition and Consumers Act 2024 or pro-competition interventions.
•Amendments to the Insolvency (England and Wales) (Amendment) Rules 2024 made by the Insolvency (England and Wales) (Amendment) Rules 2024 relating to the property the official receiver must disregard for the purposes of determining the value of a person’s property in connection with a Debt Relief Order.
•The addition of the new Pilot Practice Note- Listing and Criteria for Transfer of Work (2024) relating to the criteria for the transfer of work between the Royal Courts of Justice sitting in the Rolls Building, London and the County Court at Central London.
•Amendments made by section 16 of the new Act to section 25 of the Water Industry Act 1991.
•Sections 12J and 12K of the Water Industry Act 1991 (introduced by section 14 of the new Act). These provisions allow the Secretary of State to make modifications to the conditions of a water company's appointment, including the charges it levies, such that it can recover losses caused by the entry of company into special administration and any financial assistance given during the course of that special administration (the "SAO loss").
•Amendments made to the Bankruptcy (Scotland) Act 2016 by the Bankruptcy and Diligence (Scotland) Act 2024.