Bridge over troubled waters
Barber, G
Bridge over troubled waters - 2001 - Property Week 66(15) 12 April 2001, 68-69(2) .
Discusses the implications of the Insolvency Act 2000 for small companies and landlords. Provisions in the new Act will give small companies moratorium protection if they propose Voluntary Arrangements with their creditors, which will prevent creditors from taking legal action against them. Outlines the criteria required for small companies to obtain moratorium protection, and suggests that landlords should also favour the new procedures that will keep their small company tenants afloat.
INSOLVENCY ACT 2000
INSOLVENCY ACT 1986
SMALL BUSINESSES
CREDITORS
VOLUNTARY ARRANGEMENTS
Bridge over troubled waters - 2001 - Property Week 66(15) 12 April 2001, 68-69(2) .
Discusses the implications of the Insolvency Act 2000 for small companies and landlords. Provisions in the new Act will give small companies moratorium protection if they propose Voluntary Arrangements with their creditors, which will prevent creditors from taking legal action against them. Outlines the criteria required for small companies to obtain moratorium protection, and suggests that landlords should also favour the new procedures that will keep their small company tenants afloat.
INSOLVENCY ACT 2000
INSOLVENCY ACT 1986
SMALL BUSINESSES
CREDITORS
VOLUNTARY ARRANGEMENTS