- Intermediate * 5 hours CPD
The property lawyer is guided through the various personal and corporate insolvency procedures, and the effect of each on third parties and property transactions is examined in detail. Dealings with insolvency practitioners are addressed, both in terms of claims made by office-holders seeking to maximise the assets available for distribution to the creditors and in the sale of assets from the insolvent company or the bankrupt's estate.
The effect of insolvency on leases and the landlord's are explored, as are the mortgagee's options on the insolvency of the mortgagor. Traditional teaching methods are combined with case studies to develop understanding and insight into the intricacies of this subject area.
The following are included:
- Overview of personal and corporate insolvency procedures
- Property disputes and claims by office-holders
- Moratoria
- The bankrupt's home
- The effect of insolvency on conveyancing procedures
- Buying property from an insolvency practitioner
- The landlord's options including Commercial Rent Arrears Recovery and forfeiture
- Relief from forfeiture
- Rents, the Powerhouse litigation and guarantors
- Disclaimer and its effect
- LPA receiverships and other options for the mortgagee