Part V Enforcement, 20 Enforcement of Security in Insolvency
Hugh Beale, Michael Bridge, Louise Gullifer, Eva Lomnicka
- Security interest
20.01 This chapter is concerned with the enforcement of security once formal insolvency proceedings have supervened. It deals primarily with liquidation, administration and receivership but takes in also other procedures, such as schemes of arrangement, to the extent that they affect the rights of secured creditors. The aim of the chapter, therefore, is not to provide full coverage of insolvency law. For example, to the extent that this chapter deals with the setting aside of transactions in the period leading up to a liquidation or a bankruptcy, it will be...