Administration

The Insolvency Law Series provides a set of clear, step-by-step guides to the main statutory insolvency procedures. Written and edited by Vernon Dennis, a leading expert in insolvency law, each book offers:

• a thorough and chronological analysis of a specific insolvency procedure from pre-commencement considerations to its conclusion
• the key advantages of the process over others that may be available
• a perspective from both the debtor’s and creditors point of view
• guidance on how the rights and interests of third parties are affected by the process
• practical advice on how to avoid common errors
• checklists, flowcharts, illustrative diagrams and step by step advice on how to complete key forms.

Administration the first in this series, focuses on corporate rescue through the appointment of an administrator.

The book discusses the:-

• effectiveness of the procedure in achieving business rescue compared to company rescue
• pros and cons of using the administration process
• reasons for and the consequences of the rise in pre-pack administration
• recent key judicial debate over the costs and expenses of administration
• treatment of creditors and third parties during the administration process
• future of regulation in this area of law.