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793898

registered interest
date	22/11/2017
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Insolvency
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy if he will bring forward legislative proposals to facilitate the restructuring at an early stage of viable businesses in order to prevent their insolvency and any adverse consequential effects on other firms and jobs in the supply chain.
tabling member constituency	Linlithgow and East Falkirk
tabling member printed	Martyn Day
uin	114987
answer	answer is ministerial correction date of answer 27/11/2017 answer text <p>Government has recently consulted on whether improvements could be made to the existing restructuring options available within the insolvency regime. A summary of responses to this consultation was published in September 2016. Government has continued to discuss the proposals with interested parties and the issues that they raised since this time. This further engagement will ensure that any reforms, if necessary, will be fit for purpose and best achieve the Government’s aims of rescuing distressed but viable businesses, therefore preserving both value and jobs.</p> answering member constituency Stourbridge answering member printed Margot James question first answered 27/11/2017 11:41:37 answering member 4115 label Biography information for Margot James
tabling member	4488 label Biography information for Martyn Day

793027

registered interest
date	21/11/2017
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Insolvency
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Exiting the European Union with reference to his Department's paper Providing a cross-border civil judicial cooperation framework: a future partnership, published in August 2017, what steps he is taking to ensure that UK insolvency and restructuring procedures and judgements will continue to be recognised across the EU after the UK leaves the EU.
tabling member constituency	Linlithgow and East Falkirk
tabling member printed	Martyn Day
uin	114812
answer	answer is ministerial correction date of answer 27/11/2017 answer text <p>The Government’s Civil Judicial Cooperation Future Partnership Paper of August 2017 makes clear that an effective framework of civil judicial cooperation, which includes insolvency law, is an important part of the deep and special partnership we want to establish with the EU. It is in the interests of the UK and the EU that there continues to be an effective framework for resolving cross-border legal disputes after we leave.</p><p>This will provide confidence and certainty to families, business and individuals, ensuring they can continue to settle cross-border disputes efficiently and effectively in the future. The current rules, on which we hope to model a new agreement, provide a legal route to resolving often difficult or desperate situations.</p><p>The exact future relationship between the EU and UK on civil judicial cooperation, including the recognition of insolvency and restructuring procedures and judgments, is subject to negotiations with our EU partners.</p> answering member constituency Stourbridge answering member printed Margot James question first answered 27/11/2017 11:20:26 answering member 4115 label Biography information for Margot James
tabling member	4488 label Biography information for Martyn Day

793028

registered interest
date	21/11/2017
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Insolvency
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to his Department's consultation paper A review of the corporate insolvency framework, published in May 2016, which proposals have been identified as priorities for implementation.
tabling member constituency	Linlithgow and East Falkirk
tabling member printed	Martyn Day
uin	114813
answer	answer is ministerial correction date of answer 27/11/2017 answer text <p>Following the publication of the summary of responses to the consultation in September 2016, the Government has continued to engage with a very wide range of interested parties to further discuss and explore issues raised in responses to the consultation. This further engagement will ensure that any reforms, if necessary, will be fit for purpose and best achieve the Government’s aims of rescuing distressed but viable businesses, therefore preserving both value and jobs.</p> answering member constituency Stourbridge answering member printed Margot James grouped question UIN 114814 question first answered 27/11/2017 11:19:55 answering member 4115 label Biography information for Margot James
tabling member	4488 label Biography information for Martyn Day

793029

registered interest
date	21/11/2017
answering body	Department for Business, Energy and Industrial Strategy
answering dept id	201
answering dept short name	Business, Energy and Industrial Strategy
answering dept sort name	Business, Energy and Industrial Strategy
hansard heading	Insolvency
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps his Department has taken to implement the recommendations of the Insolvency Service consultation on the corporate insolvency framework; and what plans he has to reform the current system.
tabling member constituency	Linlithgow and East Falkirk
tabling member printed	Martyn Day
uin	114814
answer	answer is ministerial correction date of answer 27/11/2017 answer text <p>Following the publication of the summary of responses to the consultation in September 2016, the Government has continued to engage with a very wide range of interested parties to further discuss and explore issues raised in responses to the consultation. This further engagement will ensure that any reforms, if necessary, will be fit for purpose and best achieve the Government’s aims of rescuing distressed but viable businesses, therefore preserving both value and jobs.</p> answering member constituency Stourbridge answering member printed Margot James grouped question UIN 114813 question first answered 27/11/2017 11:19:55 answering member 4115 label Biography information for Margot James
tabling member	4488 label Biography information for Martyn Day