Administration: Difference between revisions
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imported>Doug Williamson (Added link to Going conern) |
imported>Doug Williamson (Link with Chapter 11 page.) |
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== See also == | == See also == | ||
* [[Chapter 11]] | |||
* [[Going concern]] | * [[Going concern]] | ||
* [[Liquidation]] | * [[Liquidation]] |
Revision as of 18:14, 5 November 2017
UK insolvency law
A procedure in relation to a company in financial difficulties with a view to securing its survival as a going concern.
Or, failing that, to achieving a more favourable realisation of its assets than would be possible on a liquidation or through a voluntary arrangement.