Insolvency and Restructuring Manual

The third edition of Insolvency and Restructuring Manual is fully revised and updated to examine 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. Distinctly practical in style, the authors utilize bulletpointed and highlighted text, flowcharts, tables, and other schematics to explain and compare the main procedures and remedies available in this complex area of law. The book begins by dealing with insolvency principles and processes, as it is necessary to know the effects of a formal insolvency in order then to consider restructuring as an alternative. One chapter deals specifically with Directors of insolvent companies. The special rights and remedies of creditors-not only secured creditors, but also landlords, employees, pensions-related creditors, and retention of title creditors-are examined. Finally, given the increasingly global nature of many groups' businesses, cross-border considerations that may apply are covered. Insolvency and Restructuring Manual will be an indispensable reference source for experienced practitioners, as well as offering junior professionals, company directors, and company secretaries a valuable first introduction to the subject. [Subject: Insolvency Law, Corporate Insolvency]

Simon Beale is the head of the Insolvency practice at McFarlanes. He advises on a broad range of corporate restructuring and recovery issues. His clients have included companies in financial difficulties, their directors and shareholders, insolvency practitioners appointed over such companies, lenders to and other major creditors of troubled entities, investors interested in a "loan to own" strategy and buyers of businesses where there is an insolvency aspect. The UK Legal 500 2014 recommended Simon for corporate restructuring and insolvency.Paul Keddie is a senior solicitor and insolvency practitioner at McFarlanes. He advises on a broad range of corporate restructuring and recovery issues. His clients include companies in financial difficulties, their directors and shareholders, insolvency practitioners appointed over such companies, lenders to and other major creditors of troubled entities, investors interested in a "loan-to-own" strategy and buyers of businesses where there is an insolvency aspect.