Insolvency reform

The Insolvency Service has issued a consultation paper setting out its proposals to modernise and streamline the law governing insolvency procedure.   The broad aims are to bring insolvency law up to date with our current ability to communicate electronically, to move some decision-making process to insolvency practitioners and to remove some unnecessary burdens from insolvency practitioners.  Replies to the consultation must be with the Insolvency Service by 10 December 2007.