Insolvency in brief

The demise of firms such as Lehmans, along with the rising number of corporate failures, means that we have seen insolvency shoot up the news agenda. But along with the reporting of high-profile cases, we have seen myths emerge about insolvency procedures and their potential impact on creditors and companies alike.

 

Insolvency in Brief sets out to clearly and simply define insolvency terms, and also seeks to dispel some of the myths around insolvency procedures such as 'pre-packs'.