Introduction
United Kingdom, Insolvency & Restructuring, Public, Eversheds Sutherland (International) LLP, Liquidation
Introduction
The government has commenced a consultation exercise on its proposals to introduce procedures for further education and sixth-form colleges which become insolvent.
The proposed regime would include a Special Administration Regime, aimed at protecting learners from disruption to their courses, helping the rehabilitation of a college where this is possible or providing an orderly wind-up procedure.
United Kingdom, Company & Commercial, Insolvency & Restructuring, Public, Eversheds Sutherland (International) LLP, Board of directors, Education