London Approach and London Gazette: Difference between pages

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A non-statutory, informal framework introduced with the support of the Bank of England in  1970 for dealing with financially distressed companies.
The Gazette is the UK Government's official newspaper of record where certain statutory notices are required to be published.  For example notice of liquidation/winding-up.
 
The London Approach covers temporary support operations mounted by banks and other lenders for a company or group in financial difficulties, pending its possible restructuring.
 
 
Applicable only to firms which are financially distressed but which could have a viable future.


Editions are also published for Edinburgh and Belfast.


== See also ==
== See also ==
* [[Insolvency]]
* [[Liquidation]]
 
* [[Winding-up]]
 
== References ==
1. http://www.bba.org.uk/policy/article/london-approach/fx-and-money-markets-policy/
 
2. [[Media:The London Approach distressed debt trading qb940208.PDF]]
 
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]

Revision as of 08:52, 6 May 2013

The Gazette is the UK Government's official newspaper of record where certain statutory notices are required to be published. For example notice of liquidation/winding-up.

Editions are also published for Edinburgh and Belfast.

See also