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The proposed preferential priority of prepaying consumers: a fair pack of insolvency recommendations?

Research output: Contribution to Journal/MagazineJournal articlepeer-review

Published
<mark>Journal publication date</mark>1/01/2018
<mark>Journal</mark>Journal of Business Law
Issue number1
Volume2018
Number of pages14
Pages (from-to)1-14
Publication StatusPublished
Early online date7/12/17
<mark>Original language</mark>English

Abstract

Comments on the Law Commission's proposal in its 2016 report "Consumer Prepayments on Retailer Insolvency" that prepaying consumers should be given preferential status in retail insolvencies, including: its rationale; its cost impact on the insolvency; the validity of trusts created for consumers in the "twilight period"; and the wider concern that the prescribed part cannot guarantee unsecured creditor realisations in insolvency.

Bibliographic note

This is a pre-copyedited, author-produced version of an article accepted for publication in Journal of Business Law following peer review. The definitive published version J.B.L. 2018, 1, 1-14 is available online on Westlaw UK or from Thomson Reuters DocDel service .