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Proceeding contribution from Gary Sambrook (Conservative) in the House of Commons on Wednesday, 3 June 2020. It occurred during Debate on bill on Corporate Insolvency and Governance Bill.


Corporate Insolvency and Governance Bill

Unfortunately, some businesses fail. In my constituency, MG Rover collapsed 15 years ago, ripping a huge hole in the community in Northfield and Longbridge. Fifteen years on, over 6,000 people are owed money from the liquidation of MG Rover. Will my right hon. Friend look into ways in which we can speed up the process—15 years is too long and causes a lot of problems and anxiety for people—so that they can get closure and the money that they are owed.


Secondary information

Type
Proceeding contribution
Reference
676 c891 
Session
2019-21
Chamber / Committee
House of Commons chamber
Subjects
Contracts Company law Company liquidations Company accounts Companies Directors Debts Liability Insolvency Landlord and tenant Northern Ireland Powers Meetings Small businesses Utilities Reorganisation Coronavirus business interruption loan scheme Bounce back loan scheme
Legislation
Corporate Insolvency and Governance Bill 2019-21
Link
View this Proceeding contribution on hansard.parliament.uk