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Vol 21 No 9 Sept/Oct 2016

Book of the Month

Cover of Goode on Commercial Law

Goode on Commercial Law

Edited by: Ewan McKendrick
Price: £170.00

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This book is now Out of Print.
A new edition has been published, the details can be seen here:
Corporate Insolvency Law: Perspectives and Principles 2nd ed isbn 9780521701822

Corporate Insolvency Law: Perspectives and Principles

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ISBN13: 9780521626859
ISBN: 0521626854
New Edition ISBN: 9780521701822
Published: September 2002
Publisher: Cambridge University Press
Country of Publication: UK
Format: Paperback
Price: Out of print

Vanessa Finch provides a new look at corporate insolvency laws and processes. She adopts an interdisciplinary approach to place two questions at the centre of her discussion. Are current UK laws and procedures efficient, expert, accountable and fair? Are fundamentally different conceptions of insolvency law needed for it to develop in a way that serves corporate and broader social ends?

Topics considered in this fully up-to-date and wide-ranging book include different ways of financing companies, causes of corporate failure and prospects for designing rescue-friendly processes. Also examined are alternative asset distribution of failed companies, allocations of insolvency risks and effects of insolvency on a company's directors and employees. Finch argues that changes of approach are needed if insolvency law is to develop with coherence and purpose.

This book will appeal to academics and students at advanced undergraduate and graduate level, and to legal practitioners throughout the common law world.

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Insolvency Law
Part I. Agendas and Objectives: 1. Introduction; 2. The roots of corporate insolvency law; 3. Aims, objectives and benchmarks
Part II. The Context of Corporate Insolvency Law: Financial and Institutional: 4. Insolvency and corporate borrowing; 5. Corporate failure; 6. Insolvency practitioners
Part III. The Quest for Turnaround: 7. Rescue; 8. Informal rescue; 9. Receivers and their role; 10. Administration; 11. Company arrangements; 12. Rescuing rescue
Part IV. Gathering and Distributing the Assets: 13. Gathering the assets: the role of liquidation; 14. The Pari Passu principle: when everyone is equal? 15. By-passing Pari Passu
Part V. The Impact of Corporate Insolvency: 16. Directors in troubled times; 17 Employees in distress
Part VI. Conclusions.