Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

IA definition

What does IA mean? In practice, IA is the common shorthand for the Investment Association, the UK trade body for investment managers. It is not defined in legislation or case law; the term is a widely used industry label. The IA issues influential, non‑binding guidance and policy statements used by legal advisers and listed companies, including the IA Principles of Remuneration and annual Shareholder Priorities, and it operates the Institutional Voting Information Service (IVIS), which produces red/amber/green voting research on governance, pay and capital management. IA materials are frequently consulted in UK corporate governance, executive remuneration, equity capital markets (for example placings and buy‑backs)...

Appointing a Special Manager (England and Wales): Procedure, Required Evidence, Valuation, Court Order, Powers, Duties and Security

Published by a LexisNexis Restructuring & Insolvency expert

Practice notes

For details on the nature of a special manager, who may appoint one and the timing of such appointments, refer to Practice Note: What is a special manager, and when to appoint one? The mechanism for appointing a special manager under the insolvency Act 1986 (IA 1986) is largely the same in corporate insolvency (IA 1986, s 177) and in bankruptcy (IA 1986, s 370). On any application, three matters usually arise:

the format of the application
the office-holder’s report that accompanies the application, and
the security or undertaking to be provided by the special manager

The application

The application proceeds by way of an insolvency application under Part 12 of the Insolvency (England and Wales) Rules 2016 (IR 2016), SI 2016/1024, whether in personal or corporate insolvency. It should be brought in the court that has jurisdiction over the insolvency in question. The correct vehicle is an application notice. There is no prescribed template, but it must include the standard particulars required for all insolvency applications by IR 2016, SI 2016/1024, r 1.35(2)...

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Web page updated on 21/05/2026

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