S/L/51. A critical evaluation of the various ÓrescueÔ regimes introduced by the Insolvency Act 1986 and subsequent insolvency legislation

Evaluating the rescue regimes requires analysing the available regimes in the Insolvency Act 1986, and that through demonstrating the differences and the aims of each regime, the interested parties and the reluctant parties in initiating certain methods. In the meanwhile this paper will be looking at the subsequent amendments to the insolvency, which mainly have come with set of laws that support the concept of the rescue culture. This paper is concerned only with the insolvent companies with some indications to the individuals rescue regimes when appropriate.