Going under

The method a company chooses to tackle its financial difficulties can influence whether the company survives, and what form that survival takes. Louise Butcher examines the implications this could have for business interruption insurers in light of the increased popularity of pre-packs and company voluntary arrangements.

In the fourth quarter of 2008, there were 4607 compulsory liquidations and creditors' voluntary liquidations in England and Wales — a 51.6% increase on the same period in 2007. Corporate insolvencies

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60 Seconds With... Foil’s Pete Allchorne

Pete Allchorne, partner at DAC Beachcroft and president of the Forum of Insurance Lawyers, would like to be “Doctorin’ the Tardis”, finds ironing therapeutic, and can be found dancing to “Uptown Funk” by Mark Ronson and Bruno Mars.

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