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Key definition
IP completion day definition

What does IP completion day mean? The point in time marking the end of the Brexit implementation (transition) period for UK legal purposes. In practice, it is the trigger date used in UK statutes, statutory instruments and contracts to determine when EU law stopped applying and when UK amendments took effect. It is defined in legislation: section 39 of the European Union (withdrawal agreement) Act 2020 fixes “IP completion day” as 11.00 p.m. on 31 December 2020 (UK time). Key legal effects include: establishing the snapshot for “retained EU law” under the European Union (Withdrawal) Act 2018; altering the supremacy and direct effect of EU law as...

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Bankruptcy and Divorce in England and Wales: Effects on Financial Remedies, Trustees’ Powers, Void Dispositions, Annulment and Forum Strategy

Practice notes
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R&I spotlight on matrimonial law

Bankruptcy specialists frequently face circumstances where bankruptcy and matrimonial proceedings unfold in tandem. In some cases, one spouse commences bankruptcy with the purpose of undermining the other spouse’s financial claims arising on divorce, or to defeat those claims.

Principal legislation

The Matrimonial Causes Act 1973 (MCA 1973) sets the framework governing the divorce regime in England and Wales. It was later amended and updated by the Divorce, Dissolution and Separation Act 2020 (DDSA 2020), introducing the concept of ‘no fault’ divorce for fresh applications formally lodged on or after 6 April 2022. For applications initiated before 6 April 2022, divorce could proceed only where one party alleged the marriage had irretrievably broken down, relying upon ‘facts’ such as the other’s adultery, unreasonable behaviour or abandonment, or where the parties had lived apart for two years and consented to divorce. Defended proceedings led to a public trial, requiring the applicant to prove the factual basis underpinning the divorce. Since 6 April 2022, under DDSA 2020, an applicant may seek a divorce simply by filing a statement that the marriage has irretrievably broken down. No proof is required, and the respondent can...

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Hanh Nguyen
Hanh Nguyen

Hanh advises insolvency practitioners and other corporate and individual clients on all aspects of corporate and personal restructuring and insolvency matters, both non-contentious and contentious advice.On the non-contentious side, Hanh acts for a wide range of stakeholders including insolvency practitioners (in the context of restructurings, formal insolvencies, bankruptcies and in respect of advisory work), corporate entities, litigation funders, shareholders, directors of insolvent estates and secured and unsecured creditors.Hanh regularly advises office holders on the sales of the insolvent company’s business and assets as well as advising buyers of distressed businesses. Hanh has advised on many high-profile deals reported in the press (Oak Furnitureland, Karen Millen, Vidal Sassoon, Selazar, bio-bean and Douglas & Gordon,) and also carries on significant non-formal insolvency work such as advising boards of directors and...

James Riby
James Riby

James advises clients from all types of family arrangements and relationships. He is also a trained Mediator and Collaborative Lawyer.  James has been ranked in Chambers High Net Worth; Spear's Wealth Management's 'Rising Stars of Wealth Management'​ index; CityWealth's 'Leading Family and Matrimonial Lawyers​ index; and recognised as a Key Lawyer in Legal 500. His work covers cohabitation, nuptial agreements, Civil Partnerships, separation, divorce and the financial consequences of the same; financial claims on behalf of children; and child arrangements (custody) issues, and child abduction and relocation. James is most well-known for his experience and expertise in complex cross-border jurisdiction matters, claims against offshore trusts and the interplay between family law and insolvency issues. He was a member of Resolution's Brexit Working Party and is co-author with David Lingham of the UK chapter of the leading practitioner guide 'Global Mobility of...

Web page updated on 22/05/2026

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