Take the hassle out of ensuring your checklists and document packs are new-Rules-compliant

Have you updated your checklists and document packs in time for the introduction of the new Scottish Insolvency Rules on 6 April 2019?

Our new-Rules-compliant standard documents are available to order now, for delivery early/mid March, ready for the new legislation commencement date.

As we have been highlighting on our New Rules courses, there are process changes to Court Liquidation (SWUC) Creditors and Members Voluntary Liquidation (SCVL and SMVL) and Administration (SADM).

Some of the changes to SCVL and SMVL will ensure that the process in Scotland now mirrors the England & Wales Rules, but crucially, the remuneration approval process in Scotland for insolvency liquidations, and to an extent SADM, is not changing in structure, although there are amendments to how it will apply. There are myriad other changes that will need to be incorporated into your checklists and document packs.

We can supply checklist and document packs to support the revised Scottish statutory processes.

We have revised the structure of our document packs to reflect that the liquidation post appointment process will be broadly identical.  Prices are as follows:

Procedure ChecklistDocument PackCombined
SWUC7507501,500
SCVL7507501,500
SMVL7507501,500
Liquidation Generic750750
SADM7501,5002,250

If you want to purchase just one liquidation pack, say SCVL, you would purchase the checklist, the specific document pack and the generic Liquidation pack, at a total of £2,250. If you were intending to purchase SCVL and SWUC, then you purchase the two specific checklists and packs, and the generic liquidation pack to support both procedures, at a combined cost of £3,750.

Purchase of three or more packs attracts a discount.

If you or your colleagues attended or wish to purchase our New Rules webinar, the cost of that attendance to a maximum of 5 participants and £250 (net) is redeemable against the purchase of any of the above checklists or document packs.

Contact us at [email protected] or on 0845 6017570.

We’re speaking at R3’s Series of SPG Technical Reviews

Insolvency Support Services’ Eileen Maclean and Alison Curry are looking forward to speaking at R3’s series of SPG Technical Reviews, specifically designed for insolvency and restructuring professionals in small and medium-sized practices, in the next few months.

Their practical, focused sessions will cover the new Scottish Insolvency Rules, highlighting key changes and differences to the current England and Wales Rules.

Want to know what has changed and why? You can catch Eileen at the R3 SPG Technical Reviews in Birmingham (26 February) and Leeds (30 April) and Alison in London (14 February) and Exeter (9 May).

For more information and to book, click here.

If you need more than an overview and would like to book one of our half day courses on the new Scottish Rules, click here for more information. We’ve also added an extra Edinburgh course on 19 February due to demand. Booking is straightforward: contact Danielle Kelly and the ISS Training courses team on 0845 601 7570 or on [email protected].