An Administrative Receiver is called in by a bank or other creditor who has a charge over all or most of the assets of a company's assets. The charge must predate 15th September 2003 for this procedure to apply. Alternatively a Receiver may be appointed under the Law of Property Act 1925 over specific property held by the company.
A receiver’s role is to act in the best interests of the holder of the charge. This differs from an Administrator who owes a duty to act in the interests of all the company's creditors.
- DISQUALIFICATION OF DIRECTORS
- RESERVATION OF TITLE
- IMPLICATIONS FOR LANDLORDS - TENANT INSOLVENCY
- CORPORATE RESCUE & RECOVERY
- PERSONAL INSOLVENCY
- BUSINESS SALES/PURCHASES FROM INSOLVENCY PRACTITIONERS
- TRUST/PROPERTY ISSUES ARISING FROM INSOLVENCY
- INVESTIGATIONS/RECOVERIES FOR CREDITORS
- TRADING A COMPANY WHILST INSOLVENT
- DEBT RELIEF ORDERS
This case is of particular significance for both Insolvency Practitioners and creditors alike as it shows a gr...
84 Friar Lane
You can obtain the Award for Personal Licence Holders (APLH) once completing your BIIAB Level 2 training, which has been a service provided to Nottinghamshire by Fraser Brown solicitors for over 10 years. ...
Fiona Boswell presents the results of the survey Fraser Brown conducted at the National Franchise Exhibition 2...
Fraser Brown acted for one of Irelands largest importer and wholesalers of furniture into the UK market prepa...