David Murray, a lawyer and insolvency specialist discusses the impact of the continuing harsh economic conditions on high street retailers.

Where an Insolvency Administration Order is granted over a deceased’s estate, it is often viewed as an estate that is unlikely to return any significant value to creditors. This bulletin highlights the opportunity to improve realisations in an insolvent deceased’s estate by avoiding the effects of ‘survivorship’ on property owned as joint tenants.

A retention of title clause represents contractual protection used by a supplier of goods to protect themselves against the buyer’s default on payment or the buyer’s insolvency.