In this section of our privacy statement on insolvencies, the term “company” refers to the company, corporation or institution which is subject to an insolvency or restructuring regime and “debtor” refers to an individual who is subject to an insolvency or restructuring regime (each referred to as an “Insolvency”).
When a company undergoes an Insolvency, one or more PwC insolvency practitioners may be appointed to manage the company’s affairs, business and property. Similarly, when a debtor is subject to an Insolvency, one or more PwC insolvency practitioners may be appointed to manage the debtor’s affairs, business and property.
To find out more about the roles of the company, the debtor, the insolvency practitioners and PwC and why and how personal data is collected and used in connection with an Insolvency, please read the information below.
Where PwC insolvency practitioners are appointed:
Where PwC insolvency practitioners, the debtor or the company engages PwC to provide services in relation to an Insolvency, PwC may act on behalf of the PwC insolvency practitioners or the debtor or the company as appropriate.
The PwC insolvency practitioners collect and process personal data for the purposes of complying with their legal obligations as licensed insolvency practitioners and for the legitimate interests of the Insolvency.
The nature and amount of personal data the company or debtor has about an individual will depend on the type of company, the nature of the debtor’s business affairs (e.g. industry/sector) and an individual’s relationship with the company or debtor.
Typical personal data processed by the company or debtor may involve employees, officers or directors of the company and would include name and contact details, role/position/title and area of responsibility, other identifying information (eg passport photo, etc) as required by laws and regulations, information about pay and performance.
If you have dealt with the company or the debtor in an individual capacity (e.g. as a customer or a client) then the company or the debtor is likely to hold information about your interactions with the company or debtor (such as purchases and correspondence).
The company, the debtor and the PwC insolvency practitioners process personal data for the purposes of:
The PwC insolvency practitioners may collate, process and disseminate statistics based on an aggregation of data held by them, the company and/or debtor provided that any individual is not identifiable from the resulting analysis and the collation, processing and dissemination of such information is permitted by law.
The PwC insolvency practitioners will delete personal data once it is no longer required for the purposes of the Insolvency and the relevant statutory retention periods have passed.
You may exercise your legal rights in relation to personal data by making a written request to the party responsible for your personal information (the company, the debtor or the PwC insolvency practitioners) using the contact details provided in communications about the Insolvency.