Insolvency Bill [H.L.]
7:31 pm
Baroness Buscombe (Conservative)
My Lords, I rise briefly to respond to the Minister and to speak to Amendment No. 11. The Minister has accepted that it would be damaging to rescue attempts if third parties were reluctant to deal with a company which is in a moratorium because of doubts as to whether the contracts would be enforceable against the company. We are pleased that the Minister has responded to our concerns. We were particularly concerned in relation to Amendment No. 11 which we put forward in Committee, on Report and again at Third Reading. We feel that the matter has now been addressed.