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Duties and Liabilities of Insolvency Practitioners


ISBN13: 9780421874305
ISBN: 0421874309
Published: May 2006
Publisher: Sweet & Maxwell Ltd
Country of Publication: UK
Format: Hardback
Price: Publication Abandoned



March 2006: Publication Abandoned
This unique work provides a practical guide to the duties and liabilities of one of the key parties involved in the insolvency procedure, the insolvency practitioner. Unlike other texts it looks exclusively at the role of the insolvency practitioner, providing a tightly focused and detailed examination of the relevant issues, including the interaction between the insolvency practitioner and other professionals involved in the insolvency.

It fully reflects recent legislative changes, including the new insolvency regime introduced by the Enterprise Act 2002 and European legislation, most notably the EC Regulation on Insolvency Proceedings. Important issues arising from the Human Rights Act 1998 are also explained.

  • The only text to focus specifically on the role of the insolvency practitioner
  • Clearly explains duties and liabilities throughout the insolvency process
  • Up to date with recent radical changes in insolvency legislation.

Contents:
What is an insolvency practitioner?
Regulation and control of IPs.
When IPs are Officers of the Court and their obligations.
The liquidator: trustee or agent?
The principal duties of a liquidator.
The liabilities of the liquidator.
Function of administrators.
The principal duties of an administrator.
The liabilities of an administrator.
Function of administrative receivers.
Duties of administrative receivers.
Liabilities of an administrative receiver.
The role of supervisors of company voluntary arrangements.
The role of trustees and supervisors of individual voluntary arrangements.