The Guardian's take on the Lehman Brothers' insolvency - insolvency as firefighting

16 SEP 2010

The Guardian have published an interesting article on the Lehman Brothers' insolvency. The article is particularly interesting as it provides a senior insolvency practitioner's perspective on a large scale administration. Some 800 people are reported to be working on the case. In terms of speed of response to an impending insolvency PWC's Mike Jervis notes:

"It's a bit like being a fireman. When the bell goes off you've got to go down the pole and get on with it,"
Bankruptcy and Personal Insolvency Reports

Bankruptcy and Personal Insolvency Reports

"BPIR is an excellent series, of interest to both corporate and personal insolvency lawyers,...

More Info from £166.00
Available in Insolvency Law Online
Individual Voluntary Arrangements

Individual Voluntary Arrangements

"This is the ultimate statement of where the law on IVAs is to be found in our great common law...

Available in Insolvency Law Online