What to Expect

Creditors’ Voluntary Liquidations (CVLs) account for the majority of corporate insolvencies, yet the process can be complex. Join Julia McKay, Associate Director at RSM UK Restructuring Advisory (view bio) on this practical eLearning series as we explore CVLs from the initial consultation stage through to completion, avoiding some common pitfalls along the way.

Whether you are an IP returning to CVL work or a team member looking to increase your knowledge of the CVL process, this course bridges the gap between theory and practice.

Through structured, interactive modules, you will gain clarity on the legal framework, statutory requirements and procedural steps involved in every stage of the CVL process.

Available in accessible modules, to follow at your own pace, the course will provide 3 hours of CPD towards your annual learning requirements.

Learning Outcomes:

1. Be able to explain the CVL process to a professional standard.
2. Understand what should happen at the initial consultation and case acceptance stage.
3. Learn key take-on steps including AML, data protection and ethical/conflict considerations.
4. Understand the steps involved in commencing a CVL, including decision procedures, voting and SIP 6 reporting.
5. Explore the role of a Liquidation committee and SIP15 requirements.
6. Understand remuneration and payment considerations before and during the appointment.
7. Understand the role and obligations of a liquidator through to completion of the liquidation.

CPD Hours: 3