The statutory moratorium in administration | Practical Law

The statutory moratorium in administration | Practical Law

A guide to the statutory moratorium against creditor action that applies to an insolvent company in administration, under Schedule B1 to the Insolvency Act 1986. It includes consideration of actions falling outside of the moratorium and the effect of the moratorium on limitation periods. The guide will be helpful in assessing what steps a creditor can take against a company, or the assets of a company, in administration and provides practical guidance on seeking the consent of the administrators or the court on lifting the moratorium.

The statutory moratorium in administration

Practical Law UK Practice Note 4-523-9570 (Approx. 33 pages)

The statutory moratorium in administration

MaintainedEngland, Wales
A guide to the statutory moratorium against creditor action that applies to an insolvent company in administration, under Schedule B1 to the Insolvency Act 1986. It includes consideration of actions falling outside of the moratorium and the effect of the moratorium on limitation periods. The guide will be helpful in assessing what steps a creditor can take against a company, or the assets of a company, in administration and provides practical guidance on seeking the consent of the administrators or the court on lifting the moratorium.