London: +44 (0)20 7236 2601
St Albans: +44 (0)1727 869141
Rickmansworth: +44 (0) 1923 771010
Milton Keynes: +44 (0)1908 605552

Insolvency can be good for you!

A version of this article first appeared in Financier Worldwide Global Restructuring & Insolvency Review 2003 The 21st century has seen the firm establishment of a rescue culture in the UK, exemplified by the growing influence of the Society of Turnaround Professionals and the now familiar corporate insolvency provisions of the Enterprise Act 2002. The legislative developments have served to lower entry barriers to insolvency proceedings in terms of cost and perception, the latter through reducing the "stigma of bankruptcy". In particular, the statutory objectives of administration, which is firmly established as the jurisdiction



Date: 31st January, 2007
Author: Chris Laughton


Articles from this Author

Contact a Partner


Steve Robinson’s latest article is out now in All Things Business. Steve looks at what the future holds for busines……

@mercerhole has played an important role in the growth of many businesses in #MiltonKeynes over its 30 years in the……



For the latest Mercer & Hole news, visit our LinkedIn page mercer-&-hole

Click here to follow us on LinkedIn