Corporate Rescue

Author: Rebecca Parry
Publisher: Sweet & Maxwell U.K.
ISBN: 9780421966703
Published In: July 2008
Format: Hardback
Jurisdiction: U.K. ? Disclaimer:
Countri(es) stated herein are used as reference only

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Description
Contents

Details

This new work provides a practical and user-friendly guide to the rescue of insolvent companies and businesses. It is structured around the roles of Insolvency Practitioners, Administrators and Company Voluntary Arrangement (CVA) Supervisors, offering guidance on appointment procedures and requirements, the nature of the roles, capacity, powers and duties, and gives clear advice on fulfilling the purpose of the role. It also covers relevant payments, distributions, remuneration, termination and tax.

Focuses specifically on corporate rescue rather than insolvency law as a whole
Deals with the whole range of rescue procedures
Goes through each procedure from commencement to exit, clarifying what must be done at each stage
Sets out the obligations and entitlements of the insolvency practitioner
Explains the roles of the courts and creditors
Features case studies to show how procedures work in practice
Considers conflict of laws issues
Aids further research with cross-references to Sealy and Milman: Annotated Guide to the Insolvency Legislation

Contents:: I. Introduction: Overview of relevant procedures; Identification of recent reforms and their impact; II. Administration: Commencement of proceedings, requirements, objectives and processes; Link with administrative receivership; Notice; Publicity requirements; Conduct of proceedings – the roles of the IP, the courts and creditors; Implications of the administration – impact on debtor and creditor; Obligations and entitlements of the IP; Insolvency litigation; Exit from proceedings; Case studies; III. Company voluntary arrangement: Commencement of proceedings, requirements, objectives and processes; Conduct of proceedings – the roles of the IP, the courts and creditors; Meetings; Implementation of the proposal; Obligations and entitlements of the IP; Exit from proceedings; Case studies; IV. Other procedures: Administrative receivership; Scheme of arrangement.; V. Conflict of laws issues: Outline of global context; EU Regulation on Insolvency Proceedings; UNCITRAL Model Law; Common law