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1-10 of 10 results for subject:Liability

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Lord Fox
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Financial institutions

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Fox, Lord (10)

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My Lords, the belated arrival of these amendments is further indication of the half-baked nature of this Bill. We were assured that the insurance for the permanent parts of this Bill was that they had already been through an extensive consultation period, which I guess they have. However, these important...

Member
Lord Fox (Liberal Democrat)
Type
Proceeding contributions
Date
16 June 2020
Reference
803 c2138
House
House of Lords

My Lords, Hansard will attest that I have been the very spirit of brevity thus far, and I will try to continue. This is about sunsetting. We heard, particularly when debating the second group of amendments, the very deep concerns people have about the permanent nature of this legislation being...

Member
Lord Fox (Liberal Democrat)
Type
Proceeding contributions
Date
16 June 2020
Reference
803 c2140
House
House of Lords

I thank the Minister for his response. I did not expect the Government to accept the amendments, but there is an element of cake-and-eat-it here. On the one hand, the Government are saying that there needs to be certainty within the restructuring industry to make this happen; on the other...

Member
Lord Fox (Liberal Democrat)
Type
Proceeding contributions
Date
16 June 2020
Reference
803 c2142
House
House of Lords

My Lords, I rise with some trepidation following four experts on pensions. I shall speak to Amendment 118, which bears my name alongside those of the noble Baroness, Lady Altmann, and my noble friend Lady Bowles. Before that, I want to pick up on the point just made by the...

Member
Lord Fox (Liberal Democrat)
Type
Proceeding contributions
Date
16 June 2020
Reference
803 cc2121-2
House
House of Lords

Moved by

Lord Fox

38: After Clause 1, insert the following new Clause—

“Moratoriums in Great Britain: time-limited effect and renewal

(1) Part A1 of the Insolvency Act 1986 (inserted by section 1 of this Act) ceases to have effect on 30 September 2020, subject to the condition in subsection (2).

(2) The condition in...

Member
Lord Fox (Liberal Democrat)
Type
Proceeding contributions
Date
16 June 2020
Reference
803 cc2139-2140
House
House of Lords

My Lords, I will speak to Amendments 73, 78, 80 and 144. In previous groups we have discussed the need for the Secretary of State to return to Parliament with an update on the performance of the Bill, and relatively recently we discussed limiting the number of extensions. Amendment 73...

Member
Lord Fox (Liberal Democrat)
Type
Proceeding contributions
Date
16 June 2020
Reference
803 c2145
House
House of Lords

My Lords, we have heard descriptions of a series of power imbalances. There are two large, powerful entities on the scene; one is covered by this Bill and the other is not. One is the banks and financial institutions, and the other is of course HMRC, which is covered in...

Member
Lord Fox (Liberal Democrat)
Type
Proceeding contributions
Date
16 June 2020
Reference
803 cc2132-3
House
House of Lords

My Lords, I associate myself with some of the comments of the noble Lord, Lord Hain, around works councils. In my past life, working with works councils, particularly in the Netherlands and in Germany, I found them to be a positive, long-term force within companies. An earlier speaker mentioned that...

Member
Lord Fox (Liberal Democrat)
Type
Proceeding contributions
Date
16 June 2020
Reference
803 c2162
House
House of Lords

My Lords, the amendments in this group, along with those coming up in group six, are designed to pull back a Government seeking to overreach themselves and take on powers that should remain vested in Parliament. The Committee has heard strong arguments from the noble Lord, Lord Blencathra, and many...

Member
Lord Fox (Liberal Democrat)
Type
Proceeding contributions
Date
16 June 2020
Reference
803 c2109
House
House of Lords

My Lords, I draw noble Lords’ attention to my interests as set out in the register. The noble Lord, Lord Stevenson, in his understated way, called this a wide group of amendments and we have heard a wide and knowledgeable group of Peers speaking to it. I agree with the...

Member
Lord Fox (Liberal Democrat)
Type
Proceeding contributions
Date
16 June 2020
Reference
803 cc2090-1
House
House of Lords