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Item Details
Title: CORPORATE RESCUE
LAW AND PRACTICE
By: Sandra Frisby
Format: Hardback

List price: £70.00
Our price: £67.90
Discount:
3% off
You save: £2.10
ISBN 10: 1841134619
ISBN 13: 9781841134611
Availability: Not yet published. (You may still order this item, and we will dispatch your order as soon as it becomes available.)
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Publisher: BLOOMSBURY PUBLISHING PLC
Pub. date: 18 May, 2017
Series: Contemporary Studies in Corporate Law 4
Pages: 348
Description: This book whether the promotion of corporate rescue is the best policy and goes on to examine the procedures which insolvent companies enter into.
Synopsis: The Enterprise Act 2002 sought to increase the incidence of corporate rescue in the UK and to improve outcomes for creditors of insolvent corporations. This book seeks to examine, in the first instance, the idea of corporate rescue and whether, as an ideology, its promotion is necessarily the best policy. The book then goes on to examine the various procedures into which insolvent companies may enter, with particular emphasis on those that are, in the orthodox view, non-terminal in the sense that they have the potential to deliver a rescue outcome. The legal structure of these procedures is examined in order to gauge their likely effectiveness in achieving rescue. As well as focusing on legal rules, the book draws on an empirical study of over 3500 companies entering administration or administrative receivership between September 2001 and September 2006, and also draws on series of interviews with practitioners, financiers and other stakeholders so as to offer a more informed view of insolvency practice and how it may assist, or otherwise, in the achievement of the objectives of the Enterprise Act.The book concludes by examining current proposals for future reform of the law and attempts to evaluate their possible impact on this complex but fascinating area of law and practice.
Publication: UK
Imprint: Hart Publishing
Returns: Returnable
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