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Vol 22 No 3 March/April 2017

Book of the Month

Cover of Company Directors: Duties, Liabilities and Remedies

Company Directors: Duties, Liabilities and Remedies

Edited by: Simon Mortimore
Price: £225.00

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UK Public Holiday May 2017

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Governance of Distressed Firms: Corporations, Globalisation and the Law


ISBN13: 9781781000182
Published: July 2013
Publisher: Edward Elgar Publishing Limited
Country of Publication: UK
Format: Hardbaack
Price: £80.00



Low stock.

This detailed book examines how the law can provide a discrete governance regime for financially distressed firms.

The concept of a distressed firm covers businesses that are struggling, but have not yet entered formal insolvency, as well as those businesses that are undergoing a formal insolvency process. With reference primarily to English law, this study encompasses both limited liability companies and limited liability partnerships with a focus on the regulation both of company directors and insolvency practitioners.

It offers recommendations for improvements in governance mechanisms and notes that many of the governance shortfalls that occur can be related to the ease of access given to those who wish to trade with the benefit of limited liability. Providing an up to date analysis in a fast evolving area of law, this book will appeal to academics, postgraduate students, practitioners and policy makers.

Subjects:
Insolvency Law, Company Law
Contents:
Preface
1. Introduction to Concepts and Dramatis Personae
2. The Relevance of Corporate Governance Theory and Related Issues
3. Governance in the Twilight Zone
4. Governance Post Formal Insolvency Regime Commencement
5. Comparative and EU Perspectives on Governance of Distressed Firms
6. Reflections and Reform
Bibliography
Appendix I: Application of Selected Statutory Stewardship Obligations and Enforcement Thereof
Appendix II: List of Selected Statements of Insolvency Practice
Index