Official statistics showing numbers of corporate and individual insolvencies in England & Wales.

Accounting scandals: WorldCom has filed for bankruptcy protection, in the largest corporate insolvency ever.

Also, the spread of investments will reduce the impact of individual companies' corporate insolvencies.

Such dramatic changes in the law make the need for expert guidance in matters of corporate and personal insolvency essential.

In July, 2002, WorldCom filed for bankruptcy protection, in what was considered the largest corporate insolvency ever at the time.

Do you need information on corporate insolvency?

Still, with 42,000 corporate insolvencies in Germany - and bankruptcies still being filed every day - the prospects for relief are dim.

Other insolvency processes including liquidation and examinership are used to deal with corporate insolvency.

In most corporate insolvencies, it is likely that a large number of people's jobs rely on continued business.

Accordingly, UK labour law touches corporate insolvencies in three main ways.