Ruthless suppliers at fault for pre-pack administrations

Doug Woodburn
clock

Trade body calls for changes in Insolvency Act 1986 to prevent utility and IT suppliers from holding insolvent firms to "ransom"

Insolvency laws should be changed to prevent suppliers from raising their tariffs to firms after they go into formal insolvency, forcing them into a pre-pack administration. This is the call fro...

To continue reading this article...

Join CRN

  • Enjoy full access to channelweb.co.uk - the UK’s top news source for the IT channel
  • Gain the latest insights through market analysis and interviews with channel leaders
  • Stay on top of key trends with the Insider weekly newsletter curated by CRN’s editor
  • Be the first to hear about our industry leading events and awards programmes

 

Join now

 

Already a CRN member?

Log in

You may also like
CloudCoCo founder and CEO Mark Halpin steps down

Reseller

An interim CEO has been named as the MSP announces an extension of loan notes alongside a seven per cent bump in FY23 revenues

clock 30 April 2024 • 2 min read
Atos Q1 revenues struggle after failed Tech Foundations sale

Reseller

The French reseller's revenues were dragged down by poor performance in the Americas

clock 26 April 2024 • 1 min read
Microsoft earnings preview: 5 things to know

Vendor

AI, Azure and security are just some of the biggest topics expected to come up Thursday on the company’s third fiscal quarter earnings call

clock 26 April 2024 • 12 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Credit and Finance

VAR Fusion Consulting takes on the Big Four: 'We want to offer enterprise-type services to the SME market where MSPs have not been well serviced before'

VAR Fusion Consulting takes on the Big Four: 'We want to offer enterprise-type services to the SME market where MSPs have not been well serviced before'

CRN spoke to director Adam Maurice today to ask him how he plans to change the professional services market and 'disrupt' the hegemony of PwC, Deloitte, EY and KPMG

Kelsey Rees
clock 24 October 2022 • 2 min read

North CEO Williams on private equity influx into channel

Glen Williams gives his verdict on what the influx of PE into the channel means for the industry

Doug Woodburn
clock 22 April 2021 • 5 min read

What do MSPs and resellers really think about private equity?

Is private equity good or bad for the industry? Leading industry figures including Stuart Fenton, Marc Chang and Roger Whittle gave their views for our Private Equity Report

Doug Woodburn
clock 16 April 2021 • 4 min read