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Cash Pooling and Insolvency: A Practical Global Handbook

Cash Pooling: A Practical Global Handbook

Cash Pooling and Insolvency: A Practical Global Handbook

Author: Marcel Willems
Publisher: Globe Law and Business
ISBN: 9781905783915
Published In: September 2012
Format: Hardback , 340 pages
Jurisdiction: International ? Disclaimer:
Countri(es) stated herein are used as reference only

New Edition is available now !

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Cash is king’ and, presumably, will remain king for a long time to come. This is even more relevant since the financial crisis. Banks are now hesitant to provide credit lines to companies, whether national or cross-border. High interest rates are charged on debit amounts, but hardly any interest is paid on credit amounts. More than ever before, companies therefore need to limit both debit and credit amounts.

Pooling cash within a corporate group or among a number of companies enables the best use of the funds available at as little cost as possible, thus strengthening the financial position of the companies involved. One result of the current economic low tide, however, is that there are some specific caveats to observe. Not only are regulatory constraints tightening by the day, but the risk of insolvency is also becoming an increasingly pressing issue.

This new title, published in association with the International Bar Association, draws together leading practitioners from a wide range of countries who together provide detailed analysis on the provisions in their jurisdiction for cash pooling and insolvency. Each chapter follows the same template for ease of reference and topics featured include specific legal requirements from various perspectives, the liability of company directors, banking requirements, regulatory requirements and tax.

This practical handbook is an essential guide for any insolvency professional, in-house counsel or adviser in banking and finance.

Contributing firm	Author(s)

Argentina
M & M Bomchil	Benjamin M. Terán
	Daniela Bianchi
	Tomás Miguel Araya
Australia
Minter Ellison	Ian Walker
Austria
Brauneis, Klauser & Prändl	Arno Brauneis
Belgium
Lydian	Tom Geudens
	Yves Lenders
Brazil
Demarest e Almeida Advogados	Celso Caldas Martins Xavier
Canada
Borden Ladner Gervais LLP	Kenneth S Atlas
	Mary Arzoumanidis
	Michael J MacNaughton
China
Eiger Law	Belinda Zhou
	Hans Zhang
	Tian Xu
Cyprus
Pelaghias Christodoulou & Vrachas	Alexandra Pelaghias-Christodoulou
Czech Republic
Giese & Partner vos	Bill Finney
	Ernst Giese
Denmark
Bech-Bruun	Arne Riis
	Carsten Ceutz
	Morten Krogsgaard
England
Squire Sanders (UK) LLP	Graeme Levy
Finland
Castrén & Snellman Attorneys Ltd	Anna-Kaisa Remes
	Pekka Jaatinen
France
Marccus Partners SELAS	Anja Droege
Germany
GÖRG Partnerschaft von Rechtsanwälten	Daniela Mader
	Kirsten Schümann-Kleber
Greece
K&P Law Firm	Constantinos Klissouras
Hungary
Faludi Wolf Theiss Ügyvédi Iroda	János Tóth
Ireland
Mason Hayes & Curran	Daragh Bohan
	Frank Flanagan
	Maurice Phelan
Italy
Paul Hastings LLP	Cosimo Pennetta
	Domenico Gioia
	Flavio Acerbi
	Paolo Manganelli
Japan
Nishimura & Asahi	Maya Ito
	Naoya Ariyoshi
Luxembourg
MOLITOR	Laurent Fisch
Mexico
Oscos Abogados	Dario U Oscós Coria
Netherlands
Kennedy Van der Laan	Bart De Man
	Joris Van Horzen
	Marcel Willems
Norway
Advokatfirmaet Grette DA	Børge Grøttjord
	Kari Amalie Pettersen
Portugal
Abreu Advogados	João Ochôa
	Miguel De Avillez Pereira
South Korea
Kim & Chang	Keum-Ho Lee
	Sang-Jin Ahn
	Steve Sunghwa Song
Spain
JAUSAS	Borja Pardo
	Felipe Pineda
	Immaculada Sallent
	Maria Luisa de Alarcón Elorrieta
Sweden
Setterwalls Advokatbyrå AB	Kristina Einarsson
	Odd Swarting
Switzerland
Vischer	Bernhard Christ
	David Jenny
	Nadia Tarolli Schmidt
USA
Haynes and Boone LLP	Arsalan Muhammad
	Judith Elkin
	Kelli Stephenson
	Kourtney Lyda