Buying the business and assets of an insolvent company

Resource type: Practice note

Status: Maintained

Jurisdiction: United Kingdom

How to carry out an asset purchase or the purchase of a business as a going concern where the seller is in administration or administrative receivership.

Alistair Hill, Linklaters LLP, revised and maintained by PLC Restructuring and Insolvency

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Resource information

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Resource ID: 9-100-1853
Products: PLC UK Corporate, PLC UK Employment, PLC UK Finance, PLC UK Law Department, PLC UK Public Sector, PLC UK Restructuring and Insolvency
This resource is maintained, meaning that we monitor developments on a regular basis and update it as soon as possible.

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Related content

Topics

AdministrationAdministration (http://uk.practicallaw.com/9-103-1256)
Asset AcquisitionsAsset Acquisitions (http://uk.practicallaw.com/5-103-1079)
ReceivershipReceivership (http://uk.practicallaw.com/0-386-1402)
Restructuring and InsolvencyRestructuring and Insolvency (http://uk.practicallaw.com/9-103-2072)
Restructuring and Insolvency TransactionsRestructuring and Insolvency Transactions (http://uk.practicallaw.com/4-103-1268)
Transfer of Shares: EmploymentTransfer of Shares: Employment (http://uk.practicallaw.com/7-103-1224)
Transfer of UndertakingsTransfer of Undertakings (http://uk.practicallaw.com/4-103-1225)

Practice note: overview

Administration Administration (http://uk.practicallaw.com/topic3-107-3975)
Corporate insolvency: a guide Corporate insolvency: a guide (http://uk.practicallaw.com/topic8-107-3973)
Pre-packs in administration: a quick guide Pre-packs in administration: a quick guide (http://uk.practicallaw.com/topic7-385-0829)
TUPE: overview TUPE: overview (http://uk.practicallaw.com/topic8-202-1704)

Practice notes

Administrative receivership Administrative receivership (http://uk.practicallaw.com/topic1-107-3976)
Rescue buyouts Rescue buyouts (http://uk.practicallaw.com/topic6-107-4153)
Retention of title Retention of title (http://uk.practicallaw.com/topic3-107-4003)
Who is "connected" or "associated"? Who is "connected" or "associated"? (http://uk.practicallaw.com/topic9-422-3889)

Standard documents

Asset sale agreement by a company in administration Asset sale agreement by a company in administration (http://uk.practicallaw.com/topic4-500-6820)
Asset sale agreement by a company in administration: employment provisions Asset sale agreement by a company in administration: employment provisions (http://uk.practicallaw.com/topic3-386-8195)

Checklists

Buying an insolvent company's business and assets: checklist Buying an insolvent company's business and assets: checklist (http://uk.practicallaw.com/topic9-386-4830)
Intellectual property issues for insolvency practitioners: a checklist Intellectual property issues for insolvency practitioners: a checklist (http://uk.practicallaw.com/topic7-500-6022)

Glossary

Pre-pack Pre-pack (http://uk.practicallaw.com/topic8-384-7073)

Legal update: archive

Deposit validly forfeited after non-completion of business sale by company in administration (High Court) Deposit validly forfeited after non-completion of business sale by company in administration (High Court) (http://uk.practicallaw.com/topic5-513-5911)

Buying the business and assets of an insolvent company

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