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The prescribed part for unsecured creditors:a pithy review

Akintola, Kayode (2017) The prescribed part for unsecured creditors:a pithy review. Insolvency Intelligence, 30 (4). pp. 55-58. ISSN 0950-2645

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    Abstract

    Considers why the prescribed part fund is often the only or the main source of unsecured creditors' recovery in English insolvency proceedings, and questions whether this is desirable. Discusses the origins and the rationale of the prescribed part fund. Suggests that the low use of the prescribed part, and the poor unsecured creditor returns when it is used, may be attributed to its costs. Assesses how it can be made more efficient.

    Item Type: Article
    Journal or Publication Title: Insolvency Intelligence
    Uncontrolled Keywords: Corporate insolvency ; Prescribed part ; Unsecured creditors
    Subjects:
    Departments: Faculty of Arts & Social Sciences > Law School
    ID Code: 86275
    Deposited By: ep_importer_pure
    Deposited On: 13 May 2017 03:35
    Refereed?: Yes
    Published?: Published
    Last Modified: 21 Sep 2017 02:09
    Identification Number:
    URI: http://eprints.lancs.ac.uk/id/eprint/86275

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