Legal Question in Bankruptcy in United Kingdom

serving on directors

If a business is now insovant can a judgment made against the business, when it was solvant now be enforced. The business went insolvant during the claim process and now i need to know how to enforce the award for the claimant. Can you tell me how and under which rules this applies, should it be enforcable.


Asked on 10/19/05, 5:17 am

1 Answer from Attorneys
Richard Howard Richard Howard & CO

Re: serving on directors

IF it was a company that entered into insolvency, claims should be addressed to the Liquidator or Administrator. Details should be on Companies House Website.

If it was not a limited Company the claim should be addressed to the Trustee in bankruptcy of the business owner; details will be on Insolvency Service Website.

Any applications to the court in either case have to be ordinary application under the Insolvency Rules 1986 as amended

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Answered on 10/19/05, 5:47 am


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