Background The Act has attempted to deal with, amongst other things, two issues which worked against the principle of "freezing" creditors rights while a rescue plan for a company in financial difficulty was put in place: first, the ability of creditors to enforce their rights where companies are preparing for a voluntary arrangement with their creditors, upsetting the whole voluntary arrangement; second, the two recent cases (mentioned above) which held that landlords could peaceab... (725 more words)
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