With the current economic climate, UK property professionals have been affected by the escalating number of bankruptcies and voluntary arrangements. Between 1998 and 2006, the number of Individual Voluntary Agreements per annum increased by 900% and bankruptcies by 320%. Practitioners working in these areas will need to ensure that they are informed of all the relevant issues surrounding these UK cases. Property and Insolvency provides a comprehensive knowledge of the law relating to property and insolvency, as well as related areas such as UK bankruptcy and trustee sales. This text will ensure that practitioners can be confident of having the relevant knowledge and clear guidance on the practice and procedure on how to deal with these difficult subjects. The areas examined include landlord insolvency, tenancy insolvency, rights under mortgages and other charges, property assets and personal insolvency, property taxation and insolvency, licensed premises and the leisure industry, and precedents.
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administrative receiver administrative receivership apply appointment assets assignment bankrupt bankruptcy order BCLC BPIR breach claim commenced company's contract Court of Appeal covenant CRAR debt debtor effect EGLR enforcement Enterprise Act 2002 entitled EWCA Civ EWHC exercise expense floating charge forfeiture future rent granted guarantor Housing Act 1988 individual voluntary arrangement Insolvency Act 1986 insolvency practitioner interest Landlord and Tenant liability licence Licensee Licensor liquidation LJ Ch LPA receiver LS Gaz moratorium mortgage deed mortgaged property mortgagee mortgagee's mortgagor notice obligations officeholder original tenant payable payment petition position possession premises prior proceedings proposal realise receivership relation relief remedy rent arrears rent deposit right to forfeit Sch Bl secured creditor Sol Jo LB statutory subtenant surety TCEA Tenant Act 1954 third party trustee in bankruptcy unsecured Value Added Tax vesting order voluntary arrangement winding-up