Outline
Abstract: a general statement of the Enterprise Act 2002, especially about insolvency act. Analyze the new administration procedure in contrast with that before the Enterprise Act 2002, then sum up the advantages of the new administration procedure.
Methodology: Literature research methods
1. Introduction
This section is a general statement of the process of the Enterprise Act 2002.
2. The administration maner before the Enterprise Act 2002
3. The changes of the administration procedure in the Enterprise Act 2002
4. The success of the new administration procedure
4.1 Consider the interests of debtor, balance the interests of the debtor and the creditor
4.2 Pay more attention to the whole creditors in bankruptcy proceedings
4.3 Reduce the direct state intervention, and enable the administration procedure has more flexible, convenient, and efficient.
4.4 Expand the company rescue regimes and the bankruptcy administrator's influence in the insolvency proceedings
5. Conclusion
References:http://www.ukassignment.org
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