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 Objectives of Administration
AU - Wood, John Michael
PY - 2015/4/1
Y1 - 2015/4/1
N2 - The legislation that contextualises corporate rescue is contained within para.3 of Sch.B1 to the Insolvency Act 1986, which sanctions both company rescue and business rescue, as the primary and secondary objectives respectively. The differences in approach have been allowed to co-exist since they serve different purposes and produce different outcomes. This article will take a look at the objectives set out in para.3 and in particular examine whether the focus should be on company or business rescue.
AB - The legislation that contextualises corporate rescue is contained within para.3 of Sch.B1 to the Insolvency Act 1986, which sanctions both company rescue and business rescue, as the primary and secondary objectives respectively. The differences in approach have been allowed to co-exist since they serve different purposes and produce different outcomes. This article will take a look at the objectives set out in para.3 and in particular examine whether the focus should be on company or business rescue.
UR - http://clok.uclan.ac.uk/12900/
M3 - Journal article
VL - 36
SP - 1
EP - 7
JO - Company Lawyer
JF - Company Lawyer
SN - 0144-1027
IS - 1
ER -