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Simon Gore Consulting Ltd

8 Upper Street, Oakley, Diss, IP21 4AX


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Disclaimer of property and vesting orders

Webinar Recording - Available 3rd April

Duration of talk - approximately 45 minutes

SRA, A, B

________________________


Presented by David Sawtell, 39 Essex Chambers



Topics covered

- The definition of ‘onerous property’

- How disclaimer operates

- The effect of disclaimer on guarantors, mortgage companies and

  subtenants

- Who is entitled to apply for a vesting order

- Timing and procedure


Background

The insolvency of a freeholder or landlord can have a knock-on effect on a number of other parties with an interest in its property. The trustee in bankruptcy or a liquidator might well be faced with property in the insolvent estate that they consider to be unsaleable or which gives rise to liabilities in excess of its actual value. In these circumstances, the insolvency practitioner might well disclaim the property, with a consequential impact on leasehold properties (including subleases), guarantors and mortgage companies.

 

This webinar will outline the circumstances in which disclaimer is an option for the insolvency practitioner, how it operates and how it affects third parties. It will then go on to consider who is entitled to vesting orders, including the applicable procedure and time limits.

 

The webinar will be of interest to real estate litigators and also to insolvency litigators.


About our presenter

David Sawtell is a barrister at 39 Essex Chambers specialising in substantial construction and property disputes. He is frequently instructed in cases involving the development, construction and use of land, buildings and property, as well as matters involving serious commercial, insolvency and company law issues, especially where they cross over with construction or property law. He is regularly instructed in heavy construction adjudications, trials and applications in the TCC and the Chancery Division, and international arbitration and dispute resolution.

 

Booking Options


Pricing options

£25 per single licence (designed for individuals or sole practitioners)


£50 per company licence (designed for the whole team and live links can be shared between multiple offices)


3.5% is added to cover card processing fees.


Technical

CPD - 1 hour (SRA A2)

For more information on CPD, visit the SRA's webinar on https://www.sra.org.uk/solicitors/resources/cpd/competence-statement/


Live feed using GoToMeeting with Power Point and Audio only.

Recording format - mp4 with MS Power Point Slides.

Download files are availble to view for 12 months. You can also download files to your computer with no restrictions to upload to your device.


Live broadcasts

Presentation materials and a live login link will be emailed prior to the webinar. Questions are either submitted by email or via the webinar interface via a chat box.

Other ways to register

Call us on 01379 740619

Email simon.gore@sgcl.co.uk