Liquidator remuneration is “a perfect example of the many competing interests that arise in a liquidation” …

and is “indicative of broader systemic factors within the insolvency system itself …”. The recent PJC Report on corporate insolvency recommended that [13] the proposed comprehensive review of insolvency law consider the remuneration of insolvency practitioners, describing remuneration as “a perfect example of the many competing interests that arise in a liquidation.”[1] The review should […]

What does our insolvency system produce? [re-issued July 2023]

31 March 2022 Many of us who call for a major review of our insolvency laws must know that the data on the performance of those laws is quite limited, certainly in the area of the majority of insolvencies, the small to medium enterprises (SMEs). The government won’t act. Why would not the industry itself […]