000			01478cam a2200289 4500
001			ABS66413
008			030303n2003 000 0 eng u
035			_a(Sirsi) u121477
100			_aLawson, R.
245			_aLoose change
260			_c2003
490			_aSolicitors' Journal _v147(2) 17 January 2003, 40-42(3)
490			_aSolicitors' Journal _v147(6) 24 January 2003, 80-81(2)
520			_aExamines how the Enterprise Act 2002 will affect insolvency law. Explains how the Insolvency Act 1986 had some serious gaps with its inability to obtain an interim order in company voluntary arrangements. The changes introduced in the Act include the abolition of administrative receivership and personal bankruptcy to be limited to 12 months. Also details the changes to receivership which will bring in a much more effective administrative machine. The existing four statutory purposes will be replaced with a single initial objective of rescuing the company as a going concern. The changes to corporate insolvency law will be brought into force by secondary legislation from about July 2003.
590			_aABS
650			_aCONSUMER LAW
650			_aCONSUMER PROTECTION
650			_aENTERPRISE ACT 2002
650			_aINSOLVENCY LAW
650			_aINSOLVENCY ACT 1986
650			_aADMINISTRATIVE RECEIVERSHIP
650			_aPERSONAL BANKRUPTCY
650			_aRECEIVERSHIP
690			_aMANAGEMENT-BUSINESS MANAGEMENT
700			_aArcher, D.
942			_n0
999			_c72191 _d72191