“…a comprehensive, well-structured guide for those dealing with insolvency and restructuring aspects on a regular basis.”
German-British Chamber of Industry & Commerce*
This manual examines the main formal processes involved in the world of corporate insolvency and restructuring such as liquidation, administration, receivership, company voluntary arrangements and schemes of arrangement.
The
Fourth Edition
covers:
- The Part 26A scheme of arrangement (or 'restructuring plan'), standalone moratorium and provisions for the protection of supplies introduced by the Corporate Insolvency and Governance Act 2020
- The regulations concerning disposals by an administrator to connected persons
- The Supreme Court decision in
BTI 2014 LLC v
Sequana S.A. and others
clarifying when directors have a duty to creditors rather than shareholders
- The legislative changes accompanying Brexit and other important developments in case law relating to cross-border matters
- The use of special managers in complex compulsory liquidations as seen in the cases of
Carillion, British Steel
and
Thomas Cook
-
The Pensions Schemes Act 2021 and its impact on the restructuring landscape
This is an indispensable reference source for experienced practitioners and offers junior professionals, company directors and company secretaries a valuable introduction to the subject.
*Review of a previous edition