000 00986cam a2200193 4500
001 ABS67311
008 031211n2003 000 0 eng u
035 _a(Sirsi) u124610
100 _aWinter, J.
245 _aAct comes to the rescue
260 _c2003
490 _aConstruction News
_v (6842) 13 November 2003, 25(1)
520 _aExamines how the Enterprise Act 2002 changes UK corporate insolvency law. The legislation abolishes the right of a bank to appoint an administrative receiver. It will ensure the survival of more firms through administration. The Act also abolishes the preferred status of the Inland Revenue, Customs and Excise and Social Security contributions, which will be beneficial to construction companies. A proportion of the available proceeds will be ring-fenced for the settlement of unsecured creditors.
590 _aABS
650 _aENTERPRISE ACT 2002
650 _aInsolvency
_96247
690 _aMANAGEMENT-BUSINESS MANAGEMENT
942 _n0
999 _c73954
_d73954