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Pre-packs and insolvency tourism: the Government view
"Pre-packs are not the problem; the problem is the insolvency." So said Lord Drayson, The Minister of State, Department for Business, Innovation and Skills, in a House of Lords debate on Thursday 11 March 2010. He was responding to...
Find a Business Angel
We all know how to find a good service provider - personal recommendation. But what if you want help now and don't know who to ask? One piece of good advice is to be wary of paying someone up front...
EHYA insolvency law reform proposals - Part 1
The European High Yield Association has announced refinements to its proposals to the Treasury on insolvency law reform. Its original submission in April 2007 identified perceived shortcomings of the Enterprise Act reforms: ". . . the administration procedure has not...
UK Economy - recession or mere turbulence?
Here's a view on the UK's economic outlook from Howard Reed, Chief Economist at the Institute for Public Policy Research, published in the New Statesman: Was Northern Rock the worst of it? Despite huge stock market falls in the last...