- Carillion crisis—restructuring and inevitable insolvency
- Why did Carillion enter compulsory liquidation rather than administration?
- To what extent did the government affect this outcome?
- What is the role of the special manager?
- Why was the company unable to restructure its debts?
- What are the wider effects of the liquidation?
Restructuring & Insolvency analysis: Stephen Young, consultant solicitor at Keystone Law, explains why Carillion entered compulsory liquidation rather than being placed in administration, and considers the wider implications of its collapse.
Sign in or take a trial to read the full analysis.
To continue reading this news article, as well as thousands of others like it, sign in to LexisPSL or register for a free trial