The legal template, titled "Insolvency Administrator Appointment Notice By Floating Charge Holder (Out Of Court Hours)" under UK law, is a formal document that pertains to insolvency proceedings and the appointment of an insolvency administrator. This template is specifically designed for use by a floating charge holder, a party that holds a security interest over the assets of a company.

Insolvency refers to the situation when a company is unable to meet its financial obligations and is unable to pay its debts. In such cases, the appointment of an insolvency administrator becomes necessary, as they are tasked with overseeing the administration and management of the company's affairs with the goal of maximizing the recovery for creditors.

The template serves as a legal notice to inform the relevant parties involved, including stakeholders, creditors, and the company, that the floating charge holder intends to exercise their right to appoint an insolvency administrator outside of court hours. It outlines the reasons for this move, such as the urgency or the necessity for immediate action, which cannot be achieved through the conventional court process.

Under UK law, insolvency proceedings and the appointment of an insolvency administrator are governed by various statutes and regulations, such as the Insolvency Act 1986 and the Insolvency Rules 2016. This template ensures compliance with these legal requirements by providing a standardized format for the notice, making it a convenient and efficient tool for floating charge holders to initiate the appointment process in a timely manner while adhering to legal obligations.

Overall, this legal template streamlines the process for a floating charge holder wishing to appoint an insolvency administrator outside of court hours, thereby facilitating the effective resolution of insolvency issues in accordance with UK law.

How it works

Create doc / use template

Chat to our AI Legal Assistant

Edit, collaborate & share

Export to .docx

PRODUCT HUNT
#1 Product of the Day

Try using Genie's Free AI Legal Assistant

Generate quality, formatted contracts with AI

Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs

Let our Legal AI make 
edits for you

Ask Genie to edit your document in the same way you’d ask a paralegal. Genie makes track changes, and explains its thinking just like a junior lawyer would.

AI review

Can’t find the right template? Create the bespoke agreement in minutes by conversing with our AI and tailoring to your needs

See Genie AI in action

Book your personalised demo now

Schedule a live, interactive demo with a Genie expert
Understand the most valuable features of Genie based on your workflow
Find out exactly how your business will benefit, from hours saved to faster revenue



Click here to book your personalised demo now.

Thank you for requesting a demo. You can book one immediately using the following link if you'd like to: https://bit.ly/GenieAIDemo

If you'd like to, you can now fill in our ROI calculator - you'll get instant results, which we'll use to make your demo even more specific.

Calculate now
Oops! Something went wrong while submitting the form.

Similar legal templates

Terms & Conditions For Consumer Digital Content

This legal template is specifically designed to outline the terms and conditions that govern the usage and access to consumer digital content under UK law. It sets forth the rules and regulations that both the consumer and the content provider must abide by when engaging in the purchase, download, or utilization of digital content.

The template covers various aspects related to consumer digital content, including the nature of the content, licensing, access rights, payment terms, intellectual property rights, privacy and data protection, liability and limitations, dispute resolution, and termination of services.

Within the template, the content provider mandates the terms under which the consumer can access and use the digital content. This may involve specifying restrictions on copying, sharing, or modifying the content, as well as any limitations on its usage, such as non-commercial use only.

Important legal points relating to intellectual property rights are addressed in the template, stressing that the content provider retains ownership of the digital content, and the consumer holds no right to claim ownership or distribute it without prior consent.

Privacy and data protection provisions are also included to explain how the consumer's personal information will be collected, stored, and used. It outlines the content provider's responsibilities in safeguarding consumer data and ensures compliance with applicable data protection laws.

Regarding liability and limitations, the template sets out the extent to which the content provider can be held responsible for any issues or damages arising from the use of the digital content. It may contain disclaimers of warranties, limitation of liability clauses, and provisions for indemnification.

The template establishes the appropriate forum and procedure for resolving disputes between the content provider and the consumer, including potential arbitration or mediation options, before resorting to litigation.

Lastly, the template covers events that may lead to termination of services, such as non-compliance with the terms and conditions, a breach of intellectual property rights, or fraudulent activity.

Overall, this legal template ensures that both the content provider and the consumer have a clear understanding of their rights and obligations when engaging in the purchase, use, and licensing of consumer digital content under UK law.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales

Trade Mark Assignment (Pro-Assignor)

The Trade Mark Assignment (Pro-Assignor) legal template is a document designed specifically for use in the United Kingdom to facilitate the transfer of ownership rights of a trademark from the assignor to another party. This legal template outlines the terms and conditions that both parties must adhere to during the assignment process.

The document includes a comprehensive framework to protect the interests of the assignor (the current trademark owner) in the assignment agreement. It ensures that the assignor is fully compensated for transferring their trademark and that they are relieved of any liability associated with the transferred trademark.

The template includes provisions defining the trademark being assigned, obligations of the assignor, warranties and representations made by the assignor regarding the trademark, and the consideration or payment to be made by the assignee in exchange for the trademark.

Additionally, the Trade Mark Assignment (Pro-Assignor) template covers important clauses addressing intellectual property rights, indemnification, governing law, dispute resolution, and any additional terms and conditions specific to the assignment under UK law.

With this legal template, both parties can have a clear and legally binding agreement that protects their respective rights and interests regarding the transfer of a trademark in accordance with the laws and regulations governing intellectual property in the United Kingdom.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales

Trade Mark Licence For Asset Purchases

This legal template relates to the Trade Mark Licence for Asset Purchases under UK law. It provides a legally binding agreement between two parties, the licensor (the owner of the trademark) and the licensee (the party wishing to use the trademark).

The main purpose of this template is to grant the licensee the right to use the trademark owned by the licensor in connection with a particular asset purchase transaction. The template outlines the terms and conditions governing the use of the trademark, including the scope of usage, quality control measures, and any restrictions or limitations.

By using this template, both parties can protect their rights and ensure that the licensed trademark is used in a manner that upholds its integrity and reputation. It provides clarity on the responsibilities and obligations of both the licensor and the licensee and helps avoid potential disputes or violations that may arise during or after the asset purchase.

This trade mark license template also covers important aspects such as duration of the license, payment terms, termination conditions, indemnification provisions, and dispute resolution mechanisms. It adheres to the specific requirements and regulations outlined in UK law, ensuring compliance with statutory procedures and guidelines.

Overall, this legal template serves as a comprehensive agreement that facilitates the granting of a trade mark license for asset purchases in the UK, protecting the interests of both the licensor and licensee and promoting a secure and transparent business transaction.
Read More

Publisher

Genie AI

Jurisdiction

England and Wales