Voluntary Liquidations - Simplifying the Complexities

Introduction

Voluntary liquidations remain the most popular corporate insolvency procedure with CVLs accounting for 80% of all company insolvencies in November 2024.

MVLs also remain a popular option where a company is solvent but has reached the end of its useful purpose, and 2024 saw a significant increase in the number of MVLs, particularly before the budget.

This new virtual classroom seminar will explore both types of voluntary liquidations, and consider when each might be suitable.

It will also cover matters specific to each one, such as claims against directors and third parties in a CVL, and tax considerations in an MVL.

The session will also delve into some of the more unusual and complex points arising in each and consider relevant recent case law updates.

It is suitable for both lawyers and insolvency practitioners.

What You Will Learn

This live and interactive course will cover the following:

• What the different types of voluntary liquidation are, how they are different and how they are linked
• How to choose the right voluntary liquidation
• How to go through the process of placing a company into voluntary liquidation
• What difficulties can arise and how to overcome them
• What needs to be done immediately after the appointment of the IP
• How the liquidation affects members, creditors, employees and directors
• A liquidator’s investigative powers, and potential claim in a CVL
• The end of the liquidation

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.