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Partnership Solutions: Sequestration, PTD and Business DAS

What is a partnership and how do you deal with one that is insolvent? A business formation that Scots Law recognises as an individual in its own right, a partnership is subject to the personal insolvency regime.

Description

What is a partnership and how do you deal with one that is insolvent? A business formation that Scots Law recognises as an individual in its own right, a partnership is subject to the personal insolvency regime.

And over recent years, it has been the business vehicle of choice for joint venture property developments and investments. As these and other partnerships start to unravel in the current economic climate, make sure that you fully understand the implications of dealing with a partnership and the partners.

In December 2014, Business DAS was introduced, with its prime purpose of dealing with partnerships. This course will look at how it works in practice; what your role is in the process and some of the issues arising.

CPD Learning Outcomes

  • A clear and detailed guide to the legislative requirements governing this area of insolvency and partnership law
  • An understanding of how these events impact on your dealings with the debtor’s estate and where the possible conflicts of interest lie
  • Practical guidance on how to deal with such events in your day to day work
  • Good grounding in the issues surrounding Business DAS and its practical application

Who Should Attend

This course is suitable for experienced IPs looking for an update and a fresh approach to case issues, as well as staff who would benefit from an in depth introduction or refresher to the issue of partnerships.

Cost

Half day course: £165 + VAT per delegate

50% reduction for third delegate booking the course.

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