Corporate Rescues and InsolvenciesAs well as concentrating on the procedures to be adopted in order to effect the rescue of a company in financial difficulties, this new edition has been revised to take account of the Insolvency Act 1986 and the new case law and precedents. |
Contents
some causes of insolvency | 1 |
Unanimity | 20 |
Transactions at an undervalue | 26 |
Copyright | |
27 other sections not shown
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Common terms and phrases
administration order administrative receiver advantageous realisation agent agreement apply appointment approved authorise bank BCLC capital carry circumstances commencement Companies Act 1985 company's assets company's property compromise or arrangement compulsory winding continue contract contributory court debenture holder debtor discharge dispose duty employees enacts entitled exercise floating charge going concern Halsbury's Statutes held ibid Insolvency Act 1986 insolvency practitioner Insolvency Rules 1986 insolvent liquidation interest liabilities LJ Ch mortgagee nominee notice Official Receiver ordinary shares otherwise paid pay its debts payment powers preferential creditors proposals provisional liquidator purchaser purpose relevant remuneration require rescue resolution retention of title sanction scheme of arrangement secured creditors sell shareholders Sol Jo statement of affairs statutory subsidiary thinks fit transaction trust unless voluntary arrangement voluntary liquidation voluntary winding vote winding-up order winding-up petition wound wrongful trading