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Insolvency

Learn about insolvency and corporate turnaround with our selection of articles, books and online resources.

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eBooks

The Library provides full text access to a selection of key business and reference eBooks from leading publishers. eBooks are available to logged-in ICAEW members, ACA students and other entitled users. If you are unable to access an eBook, please see our Help and support advice or contact library@icaew.com.

501 questions and answers for company directors and company secretaries

Basic company information for the benefit of directors and company secretaries.

Business law

Guide to the legal principles that apply to business. Aimed at non-law students.

Company secretary's handbook (11th edition)

An authoritative guide to company secretarial practice. Detailed commentary is accompanied by over 80 precedents. The 5th edition of this title is available through our Ebook Central subscription.

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Terms of use: You are permitted to access, download, copy, or print out content from eBooks for your own research or study only, subject to the terms of use set by our suppliers and any restrictions imposed by individual publishers. Please see individual supplier pages for full terms of use.

Bloomsbury Core Accounting and Tax Service

Eligible firms have free access to Bloomsbury Professional's comprehensive online library, comprising more than 60 titles from some of the country's leading tax and accounting subject matter experts. Find out who is eligible and how you can access the Core Accounting and Tax Service.

Winding-up, administration of companies and disincorporation

Peter Rayney Tax Planning for Family and Owner-managed Companies 2020-21 April 2021

A chapter giving tax planning advice on winding up or disincorporating a family or owner-managed company, written for anyone who advises or runs one. It discusses the consequences for the company, legal formalities, dealing with surplus available to shareholders, pre-liquidation dividend versus capital distribution, HMRC and 'unacceptable' phoenix arrangements, the 'anti-phoenix' TAAR, BADR/ER on associated disposals of personally held property, disincorporation of the business, Covid-19 and distressed companies, companies in administration, relief for shareholders of insolvent companies, relief for shareholder loans and converting loans into new shares.

Pensions law handbook

CMS Pensions Team Pensions Law Handbook 2021 15th edition

Provides guidance through the complex web of UK pensions-related statutes, regulations, regulatory guidance and case law, in an accessible style. Includes chapters on pensions provision in the UK, trustees, employment issues, pensions and divorce, discrimination, investment, funding, winding up, governance of defined contribution schemes and automatic enrolment, pensions dispute resolution and taxation of registered schemes.

Social Investment Tax Relief

Satwaki Chanda, Chris Williams Capital Gains Tax Reliefs for SMEs and Entrepreneurs 2020-21 October 2020

A chapter providing detailed guidance on Social Investment Tax Relief (SITR), written for small and medium-sized enterprises (SMEs) and entrepreneurs in the UK. Topics covered include: claims for SITR, SI hold-over relief, chargeable events, SI disposal relief, losses and changes in SITR investments, reorganisations, winding-up and insolvency and interaction with other tax reliefs.

Insolvency

Accountants Legal Service May 2020

Two chapters on insolvency in this time-saving reference guide for accountants who are faced with an unfamiliar legal problem or query. The chapters cover both individual and corporate insolvency and rescue procedures, with a separate materials section providing five rescue checklists and a glossary.

Accountants' legal service

Accountants Legal Service May 2020

An easy-to-use, time-saving reference guide for accountants who are faced with an unfamiliar legal problem or query. Includes sections on private company law, insolvency, land, financial services, partnership, employment, family & matrimonial, executorship & trusts and contracts, with precedents and checklists.

Terms of use: You are permitted to access, download, copy, or print out content from eBooks for your own research or study only, subject to the Acceptable usage terms.

Legal Alert

Legal Alert is a monthly checklist from Atom Content Marketing highlighting new and pending laws, regulations, codes of practice and rulings that could have an impact on your business.

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Online articles

The Library provides access to leading business, finance and management journals. These journals are available to logged-in ICAEW members, ACA students and other entitled users subject to suppliers' terms of use.

Virgin Active restructuring to set high street precedent

Virgin Active is using the new UK 'super scheme' restructuring law, introduced in 2020 to try to bind landlords and other creditors alike into accepting writedowns.

Global governance lessons from Europe's Enron

The article explores global governance lessons from Europe's Enron - Wirecard's insolvency. Observers expect to see regulatory reform in the European Union and in Germany on a scale akin to the Sarbanes-Oxley Act.

Buyouts push companies to the limit. Or over it.

The article reports on the issue of private equity in the retail industry. It mentions how leveraged buyouts add to a company's debt, the number of companies that wind up filing for bankruptcy, and how changes in retail trade have made the buyouts of such companies less desirable.

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Useful links

ICAEW

Insolvency hub
ICAEW offers a range of resources for practitioners, including:

Talk Insolvency
Talk Insolvency is an online network for insolvency professionals and other ICAEW members featuring a community forum and blog.

UK

The size and value of the UK turnaround market and insolvency sector has been researched by the Association of Business Recovery Professionals (R3)

Official statistics on insolvency are available from the UK Insolvency Service.

Recognised professional bodies

Other organisations, publications and guidance

Association of Business Recovery Professionals
The website provides a selection of resources for members and the public. These include a guide to insolvency legislation, a directory of practitioners, and creditors' guides.

Liquidation and insolvency (GOV.UK)
Basic overview of insolvency and liquidation proceedings with more detailed information about the documents that must be delivered to the Registrar of Companies.

Insolvency practitioner fees: a review (GOV.UK)
Research paper on the current fee regime for personal and corporate insolvency practitioners. Published in March 2014.

Disqualified Directors Search
Search by director's name, company name or region. More information about the reasons for each case are available including the period of disqualification and the details of the director's misconduct.

Insolvency News
News, articles and analysis to the insolvency and restructuring industry.

Insolvency Practices Council
Organisation working to improve ethical and professional standards of the insolvency practitioners.

The Insolvency Service
The government body deals with insolvency issues in England and Wales. The site maintains a range of resources, including Official Receivers addresses, legislative information, current and historical statistics and guidance notes.

Institute for Turnaround (IFT)
Professional body that recruits, monitors and regulates turnaround practitioners. Formerly known as the Society of Turnaround Professionals (STP).

NARA: The Association of Property and Fixed Charge Receivers
Organisation with a multi-disciplinary membership representing practitioners within the field.

Turnaround Finance Group
The site includes a directory of rapid finance providers, details of member companies, and a comprehensive Turnaround Finance Guideline.

Atom Content Marketing guides

International

ABI World
Website of the American Bankruptcy Institute, with a range of information services on insolvency issues around the world. Includes the quarterly bankruptcy statistics fro the US.

Australian Restructuring Insolvency and Turnaround Association (ARITA)
The organisation offers members-only resources, training and events as well as services for consumers to look up practitioners and find firms. Formerly known as the Insolvency Practitioners Association of Australia (IPA).

Australian Financial Security Authority
Government agency responsible for the administration and regulation of the personal insolvency system in Australia.

International Federation of Insolvency Professionals (INSOL)
A searchable database of members with an archive of the newsletter INSOL WORLD.

Articles and books in the Library collection

To find out how you can borrow books from the Library please see our guide to book loans.

You can obtain copies of articles or extracts of books and reports through our document supply service.

Can't find what you are looking for?

If you're having trouble finding the information you need, ask the Library & Information Service. Contact us by email at library@icaew.com or through webchat.

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