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This text provides a complete overview of the reforms to insolvency law brought about by legislative changes since 1986, particularly focusing on the Insolvency Act 2000 and the Enterprise Act 2002. It gives practical guidance on the radical changes that will take place following the implementation of Part 10 of the Enterprise Act, including: streamlining of the procedure for company administration; restrictions on the use of administrative receivership; the abolition of Crown preference; and the introduction of a new regime for personal insolvency.
Other statutory changes studied in detail include: the Insolvency Act 2000; the Company Directors Disqualification Act of 1986; the Human Rights Act 1998; the Welfare Reform and Services Act 2000; the Employment Rights Act 1996; the Financial Markets and Services Act 2000; and the European Regulation on Insolvency Proceedings 1346/2000.
Covering both corporate and personal insolvency law and practice, this text also contains a range of useful materials, including the text of the Insolvency Act 2000, Part 10 (and related Schedules) of the Enterprise Act 2002 as well as relevant forms and precedents.