Bad debts, bad laws
13 September 2012
Legal column
The legal profession has expressed dissatisfaction with the processes around debt collection. This article outlines the recommendations of a recent Round Table
Bad debt is one of the most commonly-cited reasons for business failure in the UK. The recently-published Plowden Report on Debt highlights important failings in the law and legal procedure that allow debtors to evade payment.
The Report, written by Catherine Mackenzie-Smith, Monica Whyte and Mark Watson-Gandy of the Chambers of William Lowe QC, represents the...