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Bridge over troubled waters

By: Contributor(s): Series: Property Week ; 66(15) 12 April 2001, 68-69(2)Publication details: 2001Subject(s): Summary: 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.
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Journal article London Journal article ABS64004 (Browse shelf(Opens below)) 1 Available 112556-1001

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.