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Showing 1 to 1 of 1 for “"administration outcome analysis"”.
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A critical analysis of the effectiveness of the corporate rescue provisions under Sch B1 of Insolvency Act 1986
… circumstances. Although the primary purpose of administration, which was subsequently enacted to foster a “rescue culture”, is to rescue a company as a going concern, under the third statutory purpose, an administrator may realise the company’s assets to make a distribution to one or more …