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This paper is concerned with UK insolvency practice.
Physical essentialism explains why insolvency practice has been traditionally gendered male.
Through revealing the socio-political process the paper problematises the notion that insolvency practice is neutral.
"Many companies have good assets but bad capital structures," said Mark Sterling, managing partner of the law firm Allen & Overy's restructuring and insolvency practice in London.
The impact of the American rescue culture and the acceptability of failure, the development of international insolvency laws within the European Union and localized problems inherent in current insolvency practice provided the impetus for legal reform.
"This has awful echoes of the demise of Woolworths," said Nick Hood, business risk advisor at Opus, an insolvency practice.
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Low point: Entering into a CVA in 2009 to stave off insolvency proceedings, when his practice owed more than £1m to creditors.
The Spanish law is intended to promote restructuring of viable firms but in practice most insolvencies end in liquidation after lengthy court proceedings.
"As stated yesterday, all fees are subject to approval by creditors and are in keeping with the best practice guidelines from insolvency practitioners bodies".
Tina was a major force in the development of international insolvency law as bankruptcy judge and practice leader at her law firm.
This practice is contributing to the insolvency of Medicare and Medicaid and must stop.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com