What Is The Insolvency Act 1986?
Hudson Weir
OCTOBER 10, 2023
During receivership, a creditor – such as a bank or another financial institution – appoints a person to ‘receive’ the company’s assets, liquidate them and recoup the debt. There have been a few updates to the law, notably during the coronavirus pandemic via the Corporate Insolvency and Governance Act 2020.
Let's personalize your content