The creditors' guide to fees is an invaluable aid to creditors, providing details of their rights with regards to insolvency practitioners’ fees.
The guide provides information on how an insolvency practitioner seeks approval for the fees they charge, what information they can expect to receive, and what they can do if they are unhappy with the level of a practitioner’s fees.
The creditors’ guide to fees form appendices to the Statement of Insolvency Practice (SIP) 9; 'Remuneration of insolvency office holders in England and Wales', and are issued by the Association of Business Recovery Professionals (R3), who set out the standards insolvency practitioners are expected to meet. SIP are issued to insolvency practitioners with a view to maintaining standards by setting out required practice and harmonising practitioners' approach to particular aspects of insolvency.
Currently, guides covering England & Wales, deal with:
Andrew Andronikou and Peter Kubik were appointed as Joint Administrators to Convers Sport Initiative plc (CSI).
HMRC was responsible for 58% of all the petitions submitted over the last year to wind-up companies compared to just 43% in the previous year, reveals research by UHY Hacker Young. 
Our Joint Administrators Andrew Andronikou, Peter Kubik and Michael Kiely have issued their Six Month Report to Creditors, in accordance with R2.47 Insolvency Rules 1986.
In accordance with Paragraph 51 of Schedule B1 of the Insolvency Act 1986, a creditors’ meeting has been convened at Portsmouth City Football Club on 6th May at 11am. The meeting is restricted to creditors and their representatives only.
