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Original news
Proposed measures to ensure insolvent businesses continue to receive essential supplies from the IT and utility sectors to aid business recovery have been announced in a consultation by the Insolvency Service. The measures aim to stop essential suppliers from seeking an unfair advantage over other creditors by increasing charges or payments of debts as a condition of continuing supply. In addition, suppliers of essential utilities will have to continue providing their services during the business recovery. Responses to the consultation are requested by 8 October 2014. The full consultation can be found here at: Consultation
The law regarding insolvent businesses
The consultation seeks views on the exercise of powers taken in the Enterprise and Regulatory Reform Act 2013 (ERRA 2013) to ensure continuity of supply of utilities (
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