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Insolvency Rules 2016 ("Rules") - Changes to Company Voluntary Arrangements ("CVA")

This note addresses the changes to CVA's in the Rules.

Consolidation of the Rules

Rule 2.1 to 2.45 are applicable to CVA's (they were formerly found between 1.1 to 1.55 of the Insolvency Rules 1986 ("IR86")). There has been an element of consolidation of IR86 applicable to CVA's and relating to:

United Kingdom, Insolvency & Restructuring, Ashfords LLP, Insolvency Act 1986 (UK)
Insolvency Rules - Changes to CVA's

An update on the changes to CVA's brought about by the introduction of the New Rules.

1. CONSOLIDATION OF THE RULES

1.1. The New Rules applicable to CVA's are found at rules 2.1 to 2.45 of the New Rules, (formerly found between 1.1 to 1.55 of the Insolvency Rules 1986 ("IR86")). There has been an element of consolidation of IR86 applicable to CVA's and relating to:

United Kingdom, Insolvency & Restructuring, Ashfords LLP, Insolvency Act 1986 (UK)