Subjects:

Insolvency Law

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

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