Record Insolvencies in 2006 Number of insolvencies in 2006 is likely to top 100k for first time, mostly relating personal bankruptcy, fuelled by ease of individual voluntary arrangements (IVC) 02.02.07 BBC, Individual Voluntary Arrangements, Insolvency

Bad Loans About to Soar Banks and building societies ready for surge in bad loans through the first quarter, mainly due to ongoing rise in personal insolvencies 08.01.07 Times, Individual Voluntary Arrangements, Insolvency

Bank Calls for Re-Think on Bankruptcy HSBC CEO Mike Geoghegan has asked govt to consider reform of Enterprise Act, rise in IVAs and personal bankruptcies is pushing bank to restrict credit 06.12.06 Telegraph, Consumer Credit, Enterprise Act, Individual Voluntary Arrangements

Challenge to Powerhouse CVA The High Court has ruled that the CVA proposed by Powerhouse is fundamentally flawed because it 'unfairly prejudiced' rights of landlords against Powerhouse's solvent parent company, the PRG Group, which had acted as guarantor 03.05.07 Law Now, Commercial Property, Insolvency, Landlord and Tenant

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