Corporate Rescue

This new work provides a practical and user-friendly guide to the rescue of insolvent companies and businesses. It is structured around the roles of Insolvency Practitioners, Administrators and Company Voluntary Arrangement (CVA) Supervisors, offering guidance on appointment procedures and requirements, the nature of the roles, capacity, powers and duties, and gives clear advice on fulfilling the purpose of the role. It also covers relevant payments, distributions, remuneration, termination and tax. - Focuses specifically on corporate rescue rather than insolvency law as a whole - Deals with the whole range of rescue procedures - Goes through each procedure from commencement to exit, clarifying what must be done at each stage - Sets out the obligations and entitlements of the insolvency practitioner - Explains the roles of the courts and creditors - Features case studies to show how procedures work in practice - Considers conflict of laws issues - Aids further research with cross-references to Sealy and Milman: Annotated Guide to the Insolvency Legislation