Research on Members' Voluntary Liquidations Following High Court Ruling
Awarded 01 Jan 2026
About
The Insolvency Service awarded a contract to ZK Analytics Limited for a one-off research project on members' voluntary liquidations (MVLs).
The project was commissioned to better understand the potential impact of the High Court decision in NOAL SCSp & Ors v Novalpina Capital LLP & Ors [2025] EWHC 1392 (Ch), which interpreted the law governing MVLs to require all creditors and interest to be paid in full within 12 months of the commencement of the liquidation procedure.
The research also aimed to explore the MVL landscape more generally, with particular focus on metrics around efficiency and effectiveness.
The contract value was AUD 54,720.
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