Member

We need to ensure that we protect this important national institution. We should seek to make insolvency practitioners’ lives easier and more sensible when lacunae such as this are discovered. We need to understand that a collapse in this institution could create chaos in the corporate landscape, with a free-for-all and lawyers, creditors and bailiffs running riot. The well-known book, Why Nations Fail, points precisely to the collapse of institutions as the cause of national decline.