The Insolvency (Amendment) Rules 2015 were laid before Parliament earlier this week: see here or here (pdf). The Rules make various amendments to the Insolvency Rules 1986 and will introduce new disclosure obligations for insolvency practitioners in certain insolvency procedures, including providing an estimate of fees (remuneration) and anticipated expenses. Further information about the Rules is available in the accompanying explanatory memorandum: see here (pdf). An impact assessment has been prepared: see here (pdf).
Thursday, 5 March 2015
UK: The Insolvency (Amendment) Rules 2015
The Insolvency (Amendment) Rules 2015 were laid before Parliament earlier this week: see here or here (pdf). The Rules make various amendments to the Insolvency Rules 1986 and will introduce new disclosure obligations for insolvency practitioners in certain insolvency procedures, including providing an estimate of fees (remuneration) and anticipated expenses. Further information about the Rules is available in the accompanying explanatory memorandum: see here (pdf). An impact assessment has been prepared: see here (pdf).
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