Monthly Archives: August 2019

August 2019

ANNOUNCEMENT OF DIVIDEND PAID Case Name: MP Horseboxes Limited Type of Insolvency: Liquidation  Class of Creditor: Non-Preferential Amount of Dividend: 0.19p in the £ Date Paid: 9 August, 2019

Income Payments Orders are Provable in a Second Bankruptcy

The statutory lacuna over the effects of a second bankruptcy order on an existing Income Payments Order (“IPO”) has been filled by the Court of Appeal in Azuonye v Kent [2019] EWCA CIV 1289. The end result, that the IPO payments become debts provable in the second bankruptcy, seems to follow logic but it is of interest how…