GirolamiThe Insolvency Act 2000 introduced several significant provisions but, being of a technical nature, the provisions may be thought to hold greatest interest for insolvency specialists.

During the passage of the Insolvency Bill, the Government was already consulting on more radical changes to personal and corporate insolvency law, resulting with one White Paper, Opportunity for All in a World of Change, in February and another, Insolvency – a Second Chance, in July.