PRACTICE NOTES
The duty of insolvency office-holders to preserve information and its relationship with the Civil Procedure Rules
The entitlements and obligations of insolvency office-holders regarding records, and the information contained within them, derive from, and are constrained by, the Insolvency Act 1986 (IA 1986), the Insolvency (England and Wales) Rules 2016 (IR 2016), SI 2016/1024, the Insolvency Regulations 1994 (IR 1994), SI 1994/2507, together with the Civil Procedure Rules 1998, SI 1998/3132. In the course of administering an insolvent estate, an office-holder may acquire, retain, or produce multiple types of documents. Such rights and responsibilities relate to both the papers themselves and the data they hold, and exist by virtue of those instruments and remain subject to their provisions. This includes procedural duties and constraints...
Restructuring & Insolvency