Skip to main content
Insolvency Proceedings in the U.K. (DR)
According to several forecasts for 2019, corporate insolvencies are expected to grow this year. Western Europe is projected to lead the increase with the U.K. one of two countries experiencing the most difficult business conditions, according to trade credit insurer, Atradius. And the most recent Insolvency Services figures for England and Wales were 2.6% higher than in the first quarter of 2019 and 11.9% higher than the same quarter last year. Hear from two in-country attorneys about the ins and outs of what occurs before, during and after an insolvency occurs in the U.K. • What responsibilities do creditors have when debtors file? • How are the assets of an insolvent company are distributed? • Are there other options outside of insolvency that offer some relief to debtors similar to Chapter 11 in the United States? • Can creditors force an involuntary insolvency on a debtor? These are just some of the questions Larry Coltman, a partner in the Birmingham office of Fieldfisher, will answer about insolvency procedures in the U.K. Join him as he provides a step-by-step look at what happens and gain a basic understanding of what to expect.
Sign in to register!
Create a new account