Course description
Aimed at corporate lawyers wishing to diversify as a result of the market decline in deals due to COVID-19, this live and interactive session will provide you with an introduction to insolvency law.
Presented by expert barrister and popular trainer Cristín Toman, the virtual classroom session will consider what directors of an insolvent company can (and should) do to rescue the company and/or to produce the best outcome for the company’s creditors; and the potential liabilities if they fail to act to safeguard creditors.
It will also consider what companies can do to protect themselves from the risk that a customer will become insolvent, including proposed amendments to the Insolvency Act 1986 which would limit the extent to which suppliers of goods and/or services can exercise their contractual rights to terminate supply in the event of a customer’s insolvency.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
Aimed at corporate lawyers wishing to diversify as a result of the market decline in deals due to COVID-19, this live broadcast session will provide you with an introduction to insolvency law.
The session will consider what directors of an insolvent company can (and should) do to rescue the company and/or to produce the best outcome for the company’s creditors; and the potential liabilities if they fail to act to safeguard creditors.
It will also consider what companies can do to protect themselves from the risk that a customer will become insolvent, including proposed amendments to the Insolvency Act 1986 which would limit the extent to which suppliers of goods and/or services can exercise their contractual rights to terminate supply in the event of a customer’s insolvency.
What You Will Learn
This live and interactive broadcast will cover the following:
- Overview of the different corporate insolvency procedures
- Which insolvency procedure to choose
- Potential liability of directors of insolvent companies: wrongful trading, misfeasance, prohibited names
- The position of employees of insolvent companies
- Use of individual voluntary arrangements to vary leases and other contracts
- Retention of title clauses, and when they need to be registered as company charges
- Corporate Insolvency and Governance Bill 2019-21 and its effect on termination clauses in supply contracts
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...