When companies go bust, the law does little to help suppliers get repaid – here's a possible solution
- Written by John Tribe, Senior Lecturer in Law, University of Liverpool
Insolvency is stalking many UK businesses in the wake of coronavirus and Brexit. This has been particularly visible in retail, with 2021 already seeing stationery chain Paperchase in administration and former high-street leaders Debenhams and Topshop being mopped up by online upstarts Boohoo and Asos.
Meanwhile, pubs and restaurants are lobbying...