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:
Journal Article
Journal or Publication Title:
Insolvency Intelligence
Subjects:
ID Code:
86275
Deposited By:
Deposited On:
13 May 2017 02:35
Refereed?:
Yes
Published?:
Published
Last Modified:
29 Sep 2020 03:33