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Vol 21 No 11 Nov/Dec 2016

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Corporate Rescue


ISBN13: 9780421966703
Published: July 2008
Publisher: Sweet & Maxwell Ltd
Country of Publication: UK
Format: Hardback
Price: £225.00



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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

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