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Bankruptcy in the UK is significantly different than in the US where companies often continue to operate under Chapter 11 in a way that may not be noticeable to
by golover721 7y ago
Bankruptcy in the UK is significantly different than in the US where companies often continue to operate under Chapter 11 in a way that may not be noticeable to customers. The UK as far as I know doesn’t offer such protections.
- jayflux 7y agoIt’s not just the US where they do this but other countries in Europe also. The U.K. govt are looking into doing this for aviation as the US model was brought up in the commons when discussing Thomas Cook.