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Contents
1. Introduction 2
2. About administration procedure and Insolvency administrator 3
2.1 Administration procedure 3
2.2 Insolvency administrator 4
3. The administration mode before the Enterprise Act 2002 5
4. The modification of the administration procedure in the Enterprise Act 2002 6
5. The success of the new administration procedure introduced by the Enterprise Act 2002 7
5.1 Consider the interests of the debtors, balance the interests of the debtors and the creditors 8
5.2 Emphasis on the rescue and recovery of the insolvency enterprises 9
5.3 Reduce the direct state intervention, and enable the insolvency procedure has more flexible, convenient, and efficient 10
5.4 Achieve the aim of survival of the fittest corporate and optimize the use of social resources 11
6. Conclusion 12
References 13

1. Introduction
The UK Insolvency Law shows the distinctive characteristics in its long-term development and has a broad impact on common law countries. In 代写留学生论文2002, the British government enacted the Enterprise Act 2002 that carried out a huge amendment on the previous Insolvency Act 1986.

Early in 1999, UK had brewed the Enterprise Act 2002. At that time, the government set up a Reform Commission about the mechanism of company rescue and business renaissance . In 2000, the reform commission issued a report that recommended a comprehensive and important amend to the United Kingdom Insolvency Law. Then the commission published white paper on enterprise act and related consultation paper in 2001. The report was discussed in the House of Commons in March 2002 and in the House of Lords in June. After a series of discussions, the act was approved by Queen in November 7, 2002. In the view of the specific content of the Enterprise Act 2002, it is a huge legal document involving multifaceted issues, which contains a total of 281 sections and 26 appendices. There is not a single theme in the act, but defined around the corporate economic, legal and social problems, such as bankruptcy, competition and consumer protection. The provisions related to the insolvency act which in part 10 of the Enterprise Act, a total of 24 sections and 8 appendices associated, are great amendments to the content related to the Insolvency Act 1986 .
There have a total of 8 sections about the reform of corporate legal system on insolvency in the Enterprise Act 2002. Section 248 is the "Replacement of Part II of Insolvency Act 1986" which substituted the provisions of administration procedure in Insolvency Act 1986. Its main purpose is to make the administration procedure operate more smoothly, easily and economically. And it also takes hard to remove the bureaucracy in the administration procedure. Section 249 is “Special administration regimes" that primarily define on the administration procedure apply in special company. Section 250 is "Prohibition of appointment of administrative receiver". This section limits almost all of the administrative receivers apply the administrative receive procedure in bankruptcy cases, unless it is consistent with certain special situations under section 250. This section is almost equal to abolish the administrative receive procedure which defined in the Insolvency Act 1986. Section 251 本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。