Bridge over troubled waters
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.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS64004 (Browse shelf(Opens below)) | 1 | Available | 112556-1001 |
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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.