P/L/97. Dissertation. UK insolvency law and corporate rescue
(2005, 12000 words)
The dissertation aims to investigate the issues of corporate insolvency in the UK changed under the Enterprise Act 2002. The implications of the Act are subjected to analysis. The review of literature covers the history of insolvency and bankruptcy, the changes in the European and UK bankruptcy law, company / business rescue issues, trends in bankruptcy over the UK, economic rationale for the insolvency law, costs of financial distress, risks for investors, etc. The benefits and limitations of the Act are evaluated and discussed. Conclusions are made about the role of corporate rescue in UK insolvency law.
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