Professor Peter Walton

Director of the Law Research Centre

Peter Walton
Email address: p.a.walton@wlv.ac.uk Phone number: 01902 321750 Location: Mary Seacole Building (MH) Faculty: Faculty of Social Sciences School/Institute: Wolverhampton Law School Areas of expertise: Insolvency law and related areas

About

After graduating from Wolverhampton Law School in 1986, Professor Walton began his academic career as a Research Assistant in the Law School, a position from which he progressed to Lecturer in 1988 and then onto Senior Lecturer in 1996. For the year 1991-2 he was Visiting Professor at Akron University, Ohio, USA. In 2004 he was promoted to Principal Lecturer and became the Director of the Law School’s Legal Practice Course, a position he held for six years. In 2007 he was appointed as a Reader in Law. From 2010 onwards he has been the Director of the University’s Law Research Centre. In 2013 he was awarded a chair in recognition of his research outputs. He is now a Professor of Insolvency Law.
    
Professor Walton has held a number of external examiner appointments both at other Universities and in relation to qualifications offered by Governmental and professional bodies. He has spoken at many national and international conferences on aspects of insolvency law.

Research interests

Professor Walton’s research interests are in the area of insolvency law and related areas.

He has published widely in both specialist journals such as 'Receivers, Administrators and Liquidators Quarterly', 'Company Lawyer', 'Corporate Rescue and Insolvency', 'Insolvency Intelligence', 'Insolvency Lawyer', 'International Insolvency Review', 'Insolvency Law and Practice' and Sweet and Maxwell’s 'Company Law Newsletter' as well as in more general journals such as 'Amicus Curiae', 'Conveyancer', 'Company, Financial and Insolvency Law Review', 'Common Law World Review', 'Journal of Business Law', 'Journal of International Banking and Financial Law', 'Lloyds Maritime and Commercial Law Quarterly' and 'Law Quarterly Review'.

Many of these articles have been cited by other learned authors. His work has been quoted by the New Zealand Law Commission, cited by the New Zealand High Court, cited in argument in the Privy Council and been relied upon by the UK Supreme Court.

Professor Walton has conducted several large empirical research projects on behalf of respectively the Government and the insolvency practitioner profession. His research has been cited in Parliament on several occasions and has been the subject of House of Commons’ Early Day Motions.

Professor Walton is the co-author of the leading student textbook 'Insolvency Law – Corporate and Personal', is general editor of 'Totty, Moss and Segal on Insolvency' and is a case editor for the 'Bankruptcy and Personal Insolvency Reports'.

PhD supervision

Insolvency Law and related areas such as Company Law and Equity.

Membership of professional bodies

  • Member: Society of Legal Scholars
  • Associate Member: R3 (Association of Business Recovery Professionals)
  • Academic Member: Insolvency Lawyers’ Association
  • Member: INSOL International Academics’ Group

Qualifications

  • University of Wolverhampton      2004 PhD
  • Law Society Finals                      1993 1st Class Hons
  • University of Wolverhampton      1986 LLB (Hons)

Publications

(2016) R3 Association of Business Recovery Professionals
Insolvency Litigation and the Jackson Reforms – An Update

“Fixed and Floating Charges: the Great British fund-off?”
(2015) 8 Corporate Rescue and Insolvency 18-21 and
(2015) 30 Butterworths Journal of International Banking and Financial Law 3-6

“Insolvency litigation - a case of ‘if it ain't broke, don't fix it’?”
(2015) 28 Insolvency Intelligence 9-14

(2015) Co-author Chris Umfreville R3 Association of Business Recovery Professionals
Insolvency Practitioner Fees – an Empirical Investigation

(2014) R3 Association of Business Recovery Professionals
Small Practitioners Benchmarking Report

(2014) Co-author Chris Umfreville R3 Association of Business Recovery Professionals
Comparative Costs of Insolvency Proceedings

(2014) R3 Association of Business Recovery Professionals
The Likely Effects of the Jackson Reforms on Insolvency Litigation

(2014) Co-author Chris Umfreville Insolvency Service
How distressed businesses are valued in pre-packaged administration

Co-author Chris Umfreville “Insolvency Practitioner Fees in the UK – all alone in the world?” (2014) 27 Insolvency Intelligence 86-91

“BNY Corporate Trustee Service Ltd v Eurosail – From the Point of No Return to Crystal Ball Gazing”
(2013) 26 Insolvency Intelligence 123-126
 
“Proving future and contingent debts – a case of present imperfect?” (2013) 26 Insolvency Intelligence 39-42

‘“Inability to pay debts” – beyond the point of no return?’ [2013] Journal of Business Law 212-236

Co-author Mark Wellard “A Comparative Analysis of Anglo-Australian Pre-Packs: Can the Means be Made to Justify the Ends?” (2012) 21 International Insolvency Review 143-181

Co-author Andrew Keay Insolvency Law: Corporate and Personal 3rd Edition (2012) Jordans 730 pages

Further information

Teaching interests

  • Business Law and Practice
  • Insolvency Law and Practice
  • Practical Legal Research
  • Professional Conduct
  • Solicitors’ Accounts

Corporate and community engagement

Professor Walton is a Board Member of Adullam Homes Housing Association Limited which is a supported housing community interest company which operates in the Midlands and the North West of England.

External academic roles

External Examiner for the Institute of Chartered Accountants in England and Wales Insolvency Certificate