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Back to basics: Insolvency (part 3)

Continuing our series of basic informative articles/insolvency series, Philip Ridgway, Barrister, in the third of three articles, discusses the basics of insolvency law as it might affect a receiver

 
Continuing our series of basic informative articles/insolvency series Philip Ridgway Barrister in the third of three articles discusses the basics of insolvency law as it might affect a receiver
 
The introduction of the new administration procedure by the Enterprise Act 2002 which came into force on 15 September 2003 was meant to sound the death knell of administrative receivership. Administrative receivership had become perceived as a way of banks 'pulling the plug' on ailing companies and taking their...

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