R3 warns of impact of ‘no deal’ Brexit on insolvency
A North West insolvency practitioner has warned of the potential impact of a ‘no deal’ Brexit on cross-border insolvency cases following the publication of new Government technical guidance.
Paul Barber, North West chair of the insolvency and restructuring trade body R3, said leaving the EU without a deal would make it harder for fraud victims to retrieve assets transferred to Europe and for businesses to recover debts from insolvent companies in the EU.
It would also be more difficult to rescue companies with a presence in ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...