Insolvency law
Scottish Government consultation on section 51 or the
Insolvency Act 1986
The aim of this discussion paper is to explore whether, for
EU-based companies, section 51 of the Insolvency Act 1986 (on the
power to appoint a receiver where there is a floating charge)
provides the optimum legal environment for investment and business
practice in Scotland, or whether amendment might be
beneficial.