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	Business Recovery Insolvency Glossary Terms
		An insolvency practitioner appointed by the holder of a floating charge covering the whole, or substantially the whole, of a company's property.
		Insolvency practitioner appointed to consider proposals of a debtor in an individual or company voluntary arrangement.
		An insolvency practitioner appointed to safeguard a company's assets after presentation of a winding-up petition but before a winding-up order is made.
	www.briuk.co.uk /glossary-terms-business-recovery-insolvency.htm (1888 words)

	Insolvency practitioner - Wikipedia, the free encyclopedia
		In the United Kingdom an Insolvency Practitioner (usually abbreviated to IP) is a person specialising in formal insolvency cases.
		A few active practitioners are lawyers, but it is not necessary to be qualified as either, with a direct entry route to the profession.
		Some individuals who were acting as insolvency practitioners before the profession was regulated hold licences to act as an IP directly from the Secretary of State for Trade and Industry.
	en.wikipedia.org /wiki/Insolvency_practitioner (236 words)

	The Insolvency Practitioners Regulations 2005
		"insolvency practice" means the carrying on of the business of acting as an insolvency practitioner or in a corresponding capacity under the law of any country or territory outside Great Britain, and for this purpose acting as an insolvency practitioner shall include acting as a judicial factor on the bankrupt estate of a deceased person;
		The insolvency practitioner shall notify the persons referred to in regulation 15(1)(a) and 15(1)(b) of the place where the records required to be maintained under this Part are so maintained and the place (if different) where they may be inspected pursuant to regulation 15.
		(2) Where an insolvency practitioner is appointed to act as interim trustee or permanent trustee or as a trustee under a trust deed for creditors, he shall retain in the sederunt book kept for those proceedings, the principal copy of any cover schedule containing entries in relation to his so acting.
	www.opsi.gov.uk /si/si2005/20050524.htm (5350 words)

	Dear insolvency practitioner: Chapter 4: Bonding
		Regulation 12(1) of The insolvency practitioners Regulations 1990 (as amended by The insolvency practitioners (Amendment) Regulations 1993) ("the Regulations") states that for the purpose of section 390(3)(b) of the Insolvency Act 1986 the requirements in respect of security or caution for the proper performance of the functions of an insolvency practitioner are that:
		Practitioners should note that the minimum of specific penalty to be obtained in each and every matter is £5,000.
		The suggestion was made as the wording of Regulation 12(1) (a) of the Insolvency Practitioner Regulations 1990 required the existence of a bond “at the time when an IP is appointed to act” and a strictly literal interpretation appears to have been placed on the text of the regulation when the 1993 article was issued.
	www.insolvency.gov.uk /insolvencyprofessionandlegislation/dearip/dearipmill/chapter4.htm (872 words)

	Insolvency (Site not responding. Last check: 2007-09-11)
		We are experienced in dealing with complex insolvency related litigation, for which we have a close association with barristers who are acknowledged as leaders in their field.
		Insolvency means that the person concerned has liabilities which exceed assets (other than on a temporary basis) and who as a result cannot pay their debts as and when they fall due.
		The company's directors prepare a report (generally with assistance from an insolvency practitioner) and this is placed before the company's creditors at a meeting called for the purpose.
	www.canter-law.co.uk /commercial/insolvency.htm (4972 words)

	Insolvency - Terminology / Glossary - Mercer & Hole - Chartered Accountants - St Albans, London, Milton Keynes and ... (Site not responding. Last check: 2007-09-11)
		The process where an insolvency practitioner is appointed by a debenture holder (lender) to realise a company's assets and pay preferential creditors and the debenture holder's debt.
		Persons claiming to be insolvency practitioners, but who do not hold a licence may not be able to help you.
		The process by which the Official Receiver or an Insolvency Practitioner is discharged from the liabilities of office as trustee/liquidator or administrator.
	www.mercerhole.co.uk /insolvency/insolvency_terminology.html (1727 words)

	CRG Insolvency & Financial Recovery Professional Debt Management
		Charles Ranby-Gorwood is authorised to act as an Insolvency Practitioner by The Insolvency Practitioners Association.
		However, it must be stressed that the Secretary of State or the authorising body cannot intervene directly in individual insolvencies; nor can they give directions in relation to the conduct of individual cases, or reverse or modify a decision of an insolvency practitioner.
		Insolvency, by its very nature, deals with a number of competing interests, most notably between the insolvent person and his or her creditors.
	www.crginsolvency.co.uk /terms.htm (1807 words)

	Dear insolvency practitioner: Chapter 7: Creditors'/Liquidation committee
		It will only be in exceptional cases that staff in insolvency practitioner Section cannot be contacted by telephone to agree the sanction “in principle” in anticipation of the written application, which preferably should be faxed, fax number 0207 291 6773.
		insolvency practitioner Unit based at Ladywood House, 45/46 Stephenson Street, Birmingham, B2 4UZ, is responsible for carrying out various functions on behalf of the Secretary of State, including the role of liquidation and creditors’ committee under Section 141(5) and 302(2) of the Insolvency Act 1986, where none has been formed.
		Insolvency practitioners are asked to note that as a result of the Enterprise Act 2002, the following changes to guidance given in paragraphs 4 and 6 of Chapter 7 of Dear IP relating to powers exercisable with sanction.
	www.insolvency.gov.uk /insolvencyprofessionandlegislation/dearip/dearipmill/chapter7.htm (2685 words)

	Glossary - Insolvency (Site not responding. Last check: 2007-09-11)
		Insolvency Practitioner appointed by the Court in a Compulsory Liquidation (qv).
		Insolvency Practitioner appointed by the Court in a Sequestration (qv).
		Insolvency Practitioner appointed by the creditors to conduct a Sequestration.
	www.boydslaw.com /glossary/gloss_ins.html (360 words)

	Individual Voluntary Arrangement (IVA) . Free IVA advice from a UK Insolvency Practitioner. (Site not responding. Last check: 2007-09-11)
		Insolvency Practitioners' professional guidelines require that potential IVA clients must have discussed their situation with the practitioner himself or with an appropriately qualified colleague of his, and to have received and confirmed in writing receipt of an advice booklet before any work is undertaken on the case.
		The Insolvency Practitioner chairing the meeting can then adjourn it for up to two weeks while modifications put forward at the meeting are circulated to those creditors who did not attend to see if they will now support the modified proposal.
		Even those companies that claim to have Insolvency Practitioners working for them, unless they are the IP's own firm, they will get their commission for passing on cases.
	www.freeivaadvice.co.uk /Whole_site.htm (5274 words)

	Info Centre - Glossary of Terms
		The insolvency practitioner appointed by the court to handle the affairs of a company the subject of an administration order.
		A person, not necessarily a licensed insolvency practitioner, appointed to take charge of assets usually where they are subject to some legal dispute.
		A person who is required to be a qualified insolvency practitioner to hold the following posts, of a liquidator, provisional liquidator, administrator, administrative receiver, supervisor of a voluntary arrangement, or trustee in bankruptcy.
	www.insolvencyhelpline.co.uk /info-centre/glossary.htm (2709 words)

	2. Insolvency Practitioner Regulation \| Insolvency Practitioner Regulation: Options for Change - Discussion Document \| ...
		Insolvency practitioners are people who are appointed to carry out a statutory corporate insolvency process, other than the Official Assignee.
		Options for strengthening the regulatory framework for insolvency practitioners were included in the Ministry's 2004 discussion document because of concerns raised that the existing regulatory framework was not effectively managing the risks involved in corporate insolvency.
		Similar concerns about the regulatory framework for insolvency practitioners have recently been expressed in submissions on the Insolvency Law Reform Bill (the Bill) that is currently being considered by Parliament, particularly in relation to the proposal to introduce a VA regime.
	www.med.govt.nz /templates/MultipageDocumentPage____22654.aspx (4027 words)

	Dear insolvency practitioner: Chapter 14: Housekeeping
		insolvency practitioners are reminded that any change in their business address or to their business telephone number should be notified to IP Unit, formerly known as IPCU, as that section has responsibility for maintaining the accuracy of The Insolvency Service’s data base.
		Practitioners are also requested to advice IPCU where there is any change in the name of their practice or where they move between practices.
		Practitioners are also requested to advise their RPB where there is any change in the name of their practice, or where they move between practices.
	www.insolvency.gov.uk /insolvencyprofessionandlegislation/dearip/dearipmill/chapter14.htm (1698 words)

	Insolvency practitioners Manchester (Site not responding. Last check: 2007-09-11)
		Licensed insolvency practitioner nominated in a proposal for an individual or corporate voluntary arrangement to act as supervisor of the arrangement.
		The licensed insolvency practitioner apponted by creditors to supervise the way in which an approved voluntary arrangement is put into effect.
		Including the licensed insolvency practitioner appointed in an English bankruptcy; a Scottish sequestration; a deed of arrangement; a Scottish Trust deed and an administration order (of the affairs of a deceased debtor).
	www.pandamanchester.co.uk /glossary.asp (2916 words)

	Law Society of England and Wales - Insolvency Practitioners
		The Insolvency Act 1986 requires anyone acting as a receiver, liquidator, administrator, supervisor or trustee of a company or of an individual to be a licensed insolvency practitioner.
		The examination is set, marked and administered by the Joint Insolvency Examination Board (JIEB), which consists of representatives appointed by the bodies that are authorised to licence insolvency practitioners by the Secretary of State for Trade and Industry.
		The Insolvency Practices Council (IPC) is a public-interest body that scrutinises and reports on ethical and professional standards in the insolvency profession.
	www.lawsociety.org.uk /professional/accreditationpanels/insolvency.law (675 words)

	IAIR International - Member Profile: Australia/Corporate Insolvency
		Private sector practitioners become registered with ASIC and are then able to be appointed as receivers, administrators and liquidators in individual cases.
		It is not compulsory for registered liquidators to be a member of a professional accounting body or the Insolvency Practitioners Association, although many choose to become members.
		Practitioners are required to give their consent prior to being appointed.
	www.insolvencyreg.org /sub_member_profiles/australia/asic.htm (1150 words)

	Norton Insolvency - glossary
		The name usually given to a licensed insolvency practitioner appointed to safeguard a company's assets after presentation of a winding-up petition, but before a winding-up order is made.
		Formally known as the Society of Practitioners of Insolvency (SPI), the name was changed in early 2000 to reflect the increasing involvement of insolvency practitioners in turnaround work.
		If a majority in number representing three-fourths in value of the creditors or members or any class of them agree to the compromise or arrangement it is binding if sanctioned by the court.
	www.nortoninsolvency.co.uk /glossary3.htm (676 words)

	The Norton Practice (Insolvency Services) Limited - Insolvency Specialists
		The insolvency practice is headed by David Tann who has many years experience of dealing with a wide range of insolvency and recovery assignments, both corporate and personal.
		The insolvency and recovery services practice is small enough to provide a personal and efficient service, but the whole practice can provide a range of services and level of expertise which is unusual for an independent firm.
		Assignments undertaken by the insolvency practice include the trading and sale of large businesses, disposal of dormant companies as part of group restructuring, advising upon the closure of subsidiaries of overseas parent companies and general advice to underperforming businesses.
	www.nortoninsolvency.co.uk (288 words)

	CBA Insolvency Practitioners - Personal Insolvency Specialists for advise on Individual Voluntary Arrangements and ...
		The insurance cover needed by a licensed insolvency practitioner when appointed to deal with the insolvency of an individual.
		A licensed insolvency practitioner appointed by an individual (debtor) to assist the individual in the preparation of his/her proposals to be laid before creditors.
		A signed agreement by a debtor not to remove goods levied by a bailiff under the authority of a warrant of execution and to allow the bailiff access at any time to inspect the goods, in consideration of which the bailiff leaves the goods in the possession of the debtor.
	www.cba-insolvency.co.uk /glossarypersonalinsolvency.html (620 words)

	Insolvency services - corporate insolvency
		On the passing of the resolution, a licensed insolvency practitioner is appointed as liquidator and his remuneration fixed.
		A contributory is defined by Section 79 of the Insolvency Act as being every person liable to contribute to the assets of the company in the event of its being wound up i.e.
		The proposal provides for a nominee to supervise the implementation of the voluntary arrangement; he must be a licensed insolvency practitioner.
	www.cr-law.co.uk /services/insolvency/corp_insolv.asp (1382 words)

	SGH Law - insolvency law and corporate recovery
		Insolvency is a complex subject demanding technical knowledge as well as sound commercial judgement.
		He is a licensed insolvency practitioner and fellow of the Association of Business Recovery Professionals (R3).
		In assisting insolvency practitioners who may be acting as office holders, the department advises on all aspects of insolvency law, assists with liquidations, receiverships and bankruptcies and organises voluntary arrangements for companies and individuals.
	www.insolvencylaws.co.uk /index.html (308 words)

	ClearDebt - How can an insolvency practitioner help?
		Licensed insolvency practitioners (IPs) are the only professionals allowed to use insolvency procedures backed by law to help people and companies who have debt problems.
		And, all insolvency practitioners are regulated by a professional body that demands high standards of ethics and performance — and to whom you can complain if dissatisfied.
		In every case, the insolvency practitioner must consider what the individual can honestly afford to pay each month and take all reasonable steps to ensure that the information they give is true and accurate.
	www.cleardebt.co.uk /IVA/how-can-an-insolvency-help.php (858 words)

	Regulating Corp. Insolvency Practitioners (1997) (Site not responding. Last check: 2007-09-11)
		This is a submission I made to the 1997 government working party which examined the regulation of corporate insolvency practitioners in Australia..
		Perhaps it would have found that, particularly in voluntary administrations, relationships have developed between public accountants and insolvency practitioners, and between solicitors and insolvency practitioners, and that those relationships seriously compromise the independence of insolvency practitioners and encourage them to give undue weight to the interests of the directors of failed companies.
		Codes of practice for corporate insolvency practitioners (and for bankruptcy and Part X insolvency practitioners ) would be prepared, evaluated and maintained by one or more boards or committees funded by government and made up of persons representing government, insolvency* practitioners and other organisation with a direct interest in insolvency administration.
	insolvency.blogster.com /regulating_corp_insolvency.html (2597 words)

	Gordon Brothers
		Gordon Brothers is a sponsor and active member of INSOL, and works closely with many leading insolvency professionals in the UK and continental Europe.
		When insolvency professionals are restructuring or liquidating a retail business in administration, they often turn to us for specific expertise in retailing and asset management.
		Each time we work with insolvency professionals, we develop tailored asset disposition and cash generation solutions that support their specific strategies and objectives.
	www.gordonbrotherseurope.com /insolvency.htm (169 words)

	Insolvency Procedures for Companies (Site not responding. Last check: 2007-09-11)
		This practitioner then decides with the bank either to liquidate the company or to keep it as a going concern.
		Frankly, insolvency for you means that you are out of a job, and it will have damaged your reputation.
		This is an insolvency rescue bible and anyone wanting to fix a firm before it defaults should read this publication.
	www.insolvency.ws (349 words)

	Licensed Insolvency Practitioner Mackenzie Goldberg Johnson (Site not responding. Last check: 2007-09-11)
		An Insolvency Practitioner must be a member of a professional body recognised and regulated by the Department of Trade and Industry.
		The Insolvency Practitioner must be insured to take charge of cases.
		The company was established to provide Licensed Insolvency Practitioner services to businesses and individuals in financial distress in England, Wales and Northern Ireland.
	www.mgjl.co.uk (214 words)

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