Humphrey & Helfrich Advocates

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Joe Burrows
Joe Burrows

Humphrey & Helfrich Advocates

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Isle of Man receiverships: post-appointment notifications, statutory forms, deadlines and reporting for receivers of 1931/2006 Act companies, LLCs and protected cell companies
PRACTICE NOTES
Isle of Man receiverships: post-appointment notifications, statutory forms, deadlines and reporting for receivers of 1931/2006 Act companies, LLCs and protected cell companies
This Practice Note sets out, in outline, the procedural steps that arise following the appointment of a receiver for an Isle of Man company or any other corporate entity whatsoever. In this note, we seek to offer guidance herein on: which persons or bodies must be told of a receiver’s appointment when that notice must be given what papers the receiver is required to lodge the continuing filing duties after appointment what notices are needed on a receiver’s resignation or the end of the receivership, and the particular receivership obligations for protected cell companies The different corporate entities Isle of Man law provides a broad range of distinct corporate forms and structures available as appropriate. To deliver as full and comprehensive a guide as we can, this note sets out the applicable requirements for receivers appointed in relation to each of the
Restructuring & Insolvency
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