Oral Answers to Questions

Mark Durkan Excerpts
Thursday 24th May 2012

(12 years, 5 months ago)

Commons Chamber
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Mark Durkan Portrait Mark Durkan (Foyle) (SDLP)
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Do the Government accept the evidence from R3 that businesses in administration find it expensive or impossible to trade because of the ransom tactics of suppliers, particularly on-suppliers. Will they address the shortcomings in the Insolvency Act 1986, which fails to provide firms with the protections they would have under chapter 11 in the United States?

Norman Lamb Portrait Norman Lamb
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I will look into the issue the hon. Gentleman raises and will be happy to discuss it with him.