Analysis: Tough line in decisions on bankruptcy-related disqualification
29 May 2015
Decisions published since the relatively new rules on bankruptcy-related disqualification came into force on 1 January 2014 show that a relatively tough line is taken in respect of breaches of the law. In the majority of cases members of the managements of bankrupt businesses are disqualified from managing a business for three years. This is the conclusion made by Plesner's Insolvency and Restructuring team following an analysis of decisions published since the new rules came into force.
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