Company Voluntary Arrangements and Administrations, 2nd edition

Author: Geoffrey M Weisgard; Michael Griffiths; Louis Doyle
Publisher: LexisNexis U.K.
ISBN: 9781846611933
Published In: March 2010
Format: Hardback
Jurisdiction: U.K. ? Disclaimer:
Countri(es) stated herein are used as reference only

New Edition is available now !

Description
Contents
Author
Reviews

Details

A detailed explanation of the advantages and disadvantages of CVAs, the prescribed procedure and likely problem areas

Company Voluntary Arrangements and Administrations provides all the guidance required by Insolvency Practitioners to make informed decisions on the effective use of CVAs. It explains the advantages and disadvantages of CVAs, the prescribed procedure for using CVAs and the likely problem areas encountered by practitioners.

This second edition has been updated to cover the implementation of relevant provisions of the Companies Act 2006 which came into effect in October 2009 and examines the increase in insolvency and administration work with a practical example of a CVA proposal. A new section on Administrations has also been included to cover the more popular corporate rescue procedures of liquidations and administrations. This edition covers:

• The procedure
• The role of the nominee
• Costs
• The proposal
• The creditors
• The creditors’ meeting
• Implementation and supervision of the CVA
• Default and failure of a CVA
• Taxation
• Partnership voluntary arrangements
• Administrations

This is an invaluable text for insolvency barristers, solicitors, licensed practitioners, accountants and academics.

The Procedure
The Nominee and His Report
Costs
The Proposal
Creditors
The Creditors' Meeting
Implementation and Supervision of the CVA
Breach and Failure of a CVA
Taxation
Partnership Voluntary Arrangements
The Administration Procedure

Appendices

Sample Engagement Letter
Sample Proposal (Including Standard Conditions)
Sample Nominee's Report
Sample Chairman's Report
Sample Annual Report
Sample Final Report Following Breach
HMRC Helpsheet
Forms
Statement of Insolvency Practice No 3
Statement of Insolvency Practice No 9
Statement of Insolvency Practice No 16

Louis Doyle, Barrister, Kings Chambers, Manchester and Leeds
Michael Griffiths, LL.B., LL.M., formerly Deputy Head of the School of Law, University of Wolverhampton
Geoffrey M Weisgard, Licensed Insolvency Practitioner, Partner, Mitchell Charlesworth

"well researched, comprehensive and readable ... covering every conceivable aspect of company voluntary arrangements. Its simple and clear explanation of the legal and practical issues will be of assistance to both insolvency practitioners and those who advise"
New Law Journal

"be you a barrister or solicitor or for that matter, accountant or academic - you'll need this book if you practice or advise in the area of company voluntary arragements"

"carefully researched work of reference "
Phillip Taylor MBE and Elizabeth Taylor of Richmond Green Chambers