Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

LIFT definition

What does LIFT mean? In legal practice, “LIFT” refers to the NHS Local Improvement Finance trust model: a long‑term public–private partnership used to procure, finance, build and maintain primary and community healthcare facilities in England. The term is not defined in legislation or case law; it is a programme label and contractual shorthand used across procurement, property and projects work. A LIFT scheme is delivered by a LIFT Company (LIFTCo), a joint venture typically owned by Community Health Partnerships (an arm’s‑length DHSC company), local public participants and a private sector partner. The LIFTCo is granted area‑based partnering exclusivity under a Strategic Partnering Agreement and...

Liquidation stay in England and Wales: when it arises, court approach to lifting or imposing, cross-border issues, and making applications

Published by a LexisNexis Restructuring & Insolvency expert

Practice notes

What is a Liquidation stay?

A liquidation stay, when operative, broadly mirrors a Moratorium or interim moratorium in administration under paragraphs 43 and 44 of Schedule B1 to the Insolvency Act 1986 (IA 1986). For more on the administration moratorium, see Practice Note: The moratorium in administration.

While the stay is in place, no claim or proceedings may be started or carried on against the company or its property without the court’s permission. Any proceedings allowed may proceed only on such terms as the court chooses to impose.

This Practice Note considers when the liquidation stay takes effect, what it does, and the factors the court weighs when deciding whether to LIFT the stay or, where apt, to impose it.

When the liquidation stay applies, its purpose and effect

Unlike the moratorium or interim moratorium in administration, a liquidation stay does not arise automatically in every liquidation. It applies as follows:

in compulsory liquidation—once a winding-up order is made, or a provisional liquidator is appointed, no action or proceeding may be begun or continued against the company or its property without the court’s permission...

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Kate Rogers

Radcliffe Chambers

Kate undertakes a broad spectrum of commercial litigation whilst specialising in insolvency. She regularly appears in both the High Court and the County Court, with significant trial and injunctive advocacy experience. Kate’s insolvency practice encompasses, sham transactions; transactional avoidance; preference payments; defrauding creditors; trust deeds; declaratory relief; income payments orders; enforcement; contested winding up proceedings; administration orders; and injunctive relief, both in respect of freezing orders and in respect of the presentation/advertisement of winding up petitions. This includes proceedings in which there is a foreign jurisdictional element and in which it is necessary to advise on the cross-boarder part of the claim. In addition, Kate has experience of the law of receivership, the appointment of receivers, and their duties. She has successfully acted for receivers in claims brought against them and in obtaining injunctive relief. ...

Web page updated on 21/05/2026

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