September 2007

31.10 Introduction

This chapter brings together advice and information relating to those assets that do not fall easily into other asset related chapters of the Technical Manual.  The chapter does not intend to be an exhaustive list of every type of asset that Official Receivers may encounter, but does provide information relating to those assets that the Official Receiver is more likely to encounter, together with information regarding their protection and realisation.

The chapter is divided into parts as follows:

Part 1 – General assets – (paragraph 31.10.1 to 31.10.48)

Part 2 – Intellectual property and other intangible assets  – (paragraph 31.10.49 to 31.10.128)

Part 3 – Assets from other insolvency proceedings – (paragraph 31.10.123 to 31.10.136)

For ease of reference an alphabetical listing of the assets covered in this chapter is given below:  

• Aircraft (paragraphs 31.10.1 to 31.10.9)  
• Advances (paragraphs 31.10.26)
• Agricultural tenancy compensation (paragraph 31.10.15)
• Assets from a CVL/MVL (paragraph 31.10.129)
• Assets from administration proceedings (paragraph 31.10.131)
• Assets from a failed CVA (paragraph 31.10.133)
• Assets from a failed IVA (paragraph 31.10.135)
• Assets from a failed PVA (paragraph 31.10.134)
• Assets from a previous bankruptcy (paragraph 31.10.136)
• Assets remaining after administrative receivership (paragraph 31.10.136)
• Charged assets (paragraph 31.10.9)
• Client list databases (paragraphs 31.10.123 to 31.10.128)
• Clothing (paragraph 31.10.22)
• Copyright (paragraphs 31.10.50 to 31.10.67)
• Designs (paragraphs 31.10.68 to 31.1.82)
• Farm Equipment and stock (paragraphs 31.10.10 to 31.10.14) 
• Fixtures (paragraphs 31.10.16 to 31.10.17)
• Goods on hire (paragraph 31.10.18)
• Goodwill (paragraphs 31.10.83 to 31.10.84)
• Household equipment (paragraphs 31.10.19 to 31.10.21)
• Jewellery (paragraphs 31.10.23 to 31.10.25)
• Loans (paragraph 31.10.26)
• Names (trading, company registered and domain) (paragraphs 31.10.85 to 31.10.99)
• Partnership assets (paragraph 31.10.27)
• Patents (paragraphs 31.10.100 to 31.10.109)
• Personal correspondence (paragraph 31.10.28)
• Plant breeders’ rights (paragraph 31.10.110)
• Scrap metal (paragraph 31.10.29)
• Ships and boats (paragraphs 31.10.30 to 31.1.40)
• Software (paragraph 31.10.111)
• Trade marks (paragraphs 31.10.112 to 31.10.122)
• Unpaid calls (paragraphs 31.10.41 to 31.10.47)
• Unsaleable assets (paragraph 31.10.48)

Assets which may be considered “sundry” but are covered elsewhere in the Technical Manual are as follows:

• Birds, fish and animals (paragraph 8.30)
• Dangerous animals (paragraph 8.31)
• Explosives (paragraph 8.34)
• Firearms (paragraphs 31.6.32 to 31.6.36)
• Livestock (paragraph 31.6.40)
• Pedigree pets (paragraph 31.6.47)

The following abbreviations are used in this chapter;

CAA – The Civil Aviation Authority

CVA – Company voluntary arrangement

DPA – Data Protection Act

IVA – Individual voluntary arrangement

[On to Part 1 – General assets]