Rights statement: 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 .
Accepted author manuscript, 328 KB, PDF document
Available under license: CC BY-NC: Creative Commons Attribution-NonCommercial 4.0 International License
Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - The proposed preferential priority of prepaying consumers
T2 - a fair pack of insolvency recommendations?
AU - Akintola, Kayode
N1 - 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 .
PY - 2018/1/1
Y1 - 2018/1/1
N2 - 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.
AB - 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.
KW - Consumers
KW - Corporate insolvency
KW - Preferences
KW - Prepayments
KW - Prescribed part
KW - Retailers
KW - Unsecured creditors
M3 - Journal article
VL - 2018
SP - 1
EP - 14
JO - Journal of Business Law
JF - Journal of Business Law
SN - 0021-9460
IS - 1
ER -