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1091615
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Department for Business, Energy and Industrial Strategy more like this
unstar this property house id 2 more like this
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WrittenParliamentaryQuestion
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answer
unstar this property is ministerial correction false more like this
unstar this property answer text <p>Company voluntary arrangements are a valuable part of the restructuring framework and the Government does not intend to conduct a review of them at this time. A company voluntary arrangement allows a financially distressed company to restructure its debts and avoid liquidation or administration. Approval of more than 75% of creditors is required to pass a company voluntary arrangement and any creditor may still apply to court if it feels its interests are being unfairly prejudiced, this provides an important safeguard for creditors, including HMRC and property owners.</p> more like this
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3869
unstar this property label Biography information for Lord Myners remove filter
1047842
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Department for Business, Energy and Industrial Strategy more like this
unstar this property house id 2 more like this
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WrittenParliamentaryQuestion
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answer
unstar this property is ministerial correction false more like this
unstar this property answer text <p>When a company enters administration, the administrators have to report to my rt. hon. Friend the Secretary of State for Business, Energy and Industrial Strategy on the conduct of the directors.</p><p> </p><p>In the case of Patisserie Valerie the Insolvency Service will be making early contact with the administrators and other authorities to discuss the directors’ conduct, and to consider whether further steps, such as a detailed investigation, may be necessary.</p><p> </p> more like this
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3869
unstar this property label Biography information for Lord Myners remove filter