Synopsis
Covering the two most common types of corporate insolvency procedure, voluntary liquidation and administrative receivership, this new edition looks at the changes since the last Insolvency Act of 1986 and considers the developing law of "wrongful trading" together with directors' disqualification. Cases covered include "Re Produce Marketing Consortium Ltd" (wrongful trading) and "Re M C Bacon" (the law of preferences). A new chapter is included comparing the insolvency systems in Europe. Countries covered include Ireland, Scotland, Germany, France, Italy and Belgium. It highlights the developments to the law on: wrongful trading, directors disqualification, preferences, continuity of employment and trust claims. In addition there are flow charts for handling employees claims and appendices which include essential forms and precedents.
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Review
This book is recommended as a highly readable and comprehensive account of the practical steps which surround these two ubiquitous insolvency procedures. Insolvency Lawyer (on a previous edition).
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