The Persistent and Pernicious Abuse of Insolvency Law: What’s Next after Virgin Atlantic?

Image by skeeze Dr. Eugenio Vaccari, Lecturer in Law, University of Essex England is no stranger to strategic or – at times – abusive use of insolvency provisions. In the early 2000s, a mechanism frequently used by debtors to retain the control of distressed companies at the expense of their creditors was pre-packaged administration. Following … Continue reading The Persistent and Pernicious Abuse of Insolvency Law: What’s Next after Virgin Atlantic?