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Individual Voluntary Arrangements Service

A clear, authoritative guide that has become an essential reference tool during both the preparation of an IVA and following its approval.
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ISBN/ISSN: 9780853085225

Product description

Why should you subscribe to Individual Voluntary Arrangements

A clear, authoritative guide, available as a print or online subscription, that has become an essential reference tool for all debt advisers, insolvency practitioners, lawyers advising insolvency professionals and creditors or debtors during the preparation of an IVA or after its approval.

Written by a team of experts in the field, the looseleaf format with its regular updates ensures you are kept fully informed of the relevant case-law and changes to practice and procedure. Recent updates have focused on VAT reclaims after the decision in Paymex, issues arising out of PPI claims and the involvement of secured creditors. All the latest developments are examined in detail and invaluable, practical guidance is provided to navigate you through this complex area of law.

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Table of contents

Issue 49, February 2019

  • The decision of the Supreme Court dismissing the further appeal in Mond v (1) Dooneen Ltd (t/a McGinnes Associates) (2) Davidson v Mond [2018] UKSC 54, [2019] BPIR 160 as to the effect of a final distribution on the trust of an overlooked and unrealised asset in a Scottish protected trust deed is noted at A5[11E].
  • In (1) Bhogal (2) Bhogal v Knight (as Joint Supervisor of the Individual Voluntary Arrangement of William Gary Broughton) [2018] EWHC 2952 (Ch), [2019] BPIR 41, a failure by a creditor to provide sufficient information in support of his proof of debt, which was rejected by the supervisor, ultimately led to there being no order for costs on the creditor’s successful appeal against the rejection of the proof, even though the supervisor adduced no evidence in opposition to the appeal. The decision is noted at A14[8].