Akintola, K. orcid.org/0000-0003-4475-1941 (2017) The prescribed part for unsecured creditors: a pithy review. Insolvency Intelligence, 30 (4). pp. 55-58. ISSN 0950-2645
Abstract
Considers why the prescribed part fund is often the only or the main source of unsecured creditors' recovery in English insolvency proceedings, and questions whether this is desirable. Discusses the origins and the rationale of the prescribed part fund. Suggests that the low use of the prescribed part, and the poor unsecured creditor returns when it is used, may be attributed to its costs. Assesses how it can be made more efficient.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2017 Thomson Reuters (Professional) UK Limited and Contributors. This is an author-produced version of a paper subsequently published in Insolvency Intelligence. Uploaded in accordance with the publisher's self-archiving policy. This version is distributed under the terms of the Creative Commons Attribution-NonCommercial Licence (http://creativecommons.org/licenses/by-nc/4.0/). You may not use the material for commercial purposes. |
Keywords: | Corporate insolvency; Prescribed part; Unsecured creditors |
Dates: |
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Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > School of Law (Sheffield) |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 23 Sep 2022 15:44 |
Last Modified: | 27 Sep 2022 12:04 |
Status: | Published |
Publisher: | Sweet & Maxwell Ltd |
Refereed: | Yes |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:191224 |
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