Sealy Milman

This long-established legislation handbook provides annotated commentary and clarification on the legal and practical implications of the latest insolvency legislation. It is the standard work for accountants, lawyers and government officers dealing with insolvency.

This long-established legislation handbook provides annotated commentary and clarification on the legal and practical implications of the latest insolvency legislation. It is the standard work for accountants, lawyers and government officers dealing with insolvency.

Regarded as the definitive work for those advising on insolvency, this long established legislation handbook provides annotated commentary and clarification on the legal and practical implications of the latest insolvency legislation. It is the standard reference work for accountants, lawyers and government officers dealing with insolvency. The legislation annotated covers England, Wales and Scotland, taking into account any differences. This is the new edition of a classic text renowned for its authoritative commentary on insolvency legislation. It reproduces in full all insolvency legislation currently in force - with commentary on the provisions of the legislation and the impact of case law. The 8th edition is published in two volumes. Volume 1 contains the main core of legislative material and Volume 2 holds additional secondary material. The 8th edition sees the inclusion of the Company Directors Disqualification Act 1986. It features comprehensive indexing by case, legislative reference and topic, and includes 12 months of case law developments since the 7th edition. Annotations are regularly cited in court.

Comparative Insolvency Law argues that the most important development in contemporary insolvency law and practice is the shift towards a rescue culture rather than full creditor satisfaction. This book is the first to specifically examine the rise of the pre-pack approach, which permits debtor companies to formulate a clear pre-arranged exit before entering into formal insolvency proceedings.

This book presents an account of legal, economic and managerial perspectives on governance in situations of financial distress and insolvency. It uses detailed real-life case studies of executive decision making to explore and illustrate the discussion. The book deals with the emergence of corporate governance as a framework of checks and balances on executive decision-making, before moving to the core issues of governance during financial distress and insolvency and alternative informal and formal rescue. Identifying and reviewing turnaround strategies and formal rescue processes available to management, the book also examines the increasing importance of creditors and their impact on business decision-making. The book provides a detailed interpretation of governance in five mega insolvencies in retail and construction following the financial crisis in 2008. It also sets out a methodology which is designed to inform and help those readers seeking to analyse and interpret director behaviour in such circumstances.