Statutory Priorities In Corporate Insolvency Law
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Author | : Christopher F. Symes |
Publisher | : Routledge |
Total Pages | : 290 |
Release | : 2016-12-05 |
Genre | : Law |
ISBN | : 1351897977 |
Who enjoys statutory preferred creditor status? What justifications exist for jurisdictions to maintain statutes that favour 'priority' creditors over other creditors and contributories? This book examines preferential debts derived from specific legislative provisions applying to corporate insolvency. In exploring the concept of preferential treatment, Statutory Priorities in Corporate Insolvency Law includes chapters that provide a doctrinal, theoretical and historical analysis of who enjoys preferred creditor status. As well as examining the traditional major categories of priorities, this work also identifies potential new categories for priority status such as environmental clean-up costs, international creditors, tort claimants and consumers among other non-consensual creditors. While the study focuses on Australian corporate insolvency law, where appropriate, comparisons are made with other common law jurisdictions, particularly the UK, Canada, New Zealand and the US.
Author | : Christopher F. Symes |
Publisher | : Ashgate Publishing, Ltd. |
Total Pages | : 316 |
Release | : 2008 |
Genre | : Law |
ISBN | : 9780754675198 |
This book examines preferential debts derived from specific legislative provisions applying to corporate insolvency. In exploring the concept of preferential treatment, the book includes chapters that provide a doctrinal, theoretical and historical analysis of who enjoys preferred creditor status.
Author | : Kayode Akintola |
Publisher | : Edward Elgar Publishing |
Total Pages | : 211 |
Release | : 2020-11-27 |
Genre | : Law |
ISBN | : 1788971396 |
The significant role of credit in obtaining corporate capital means that credit and the treatment of creditors’ interests raises distinctive issues in the event of company insolvency. In this book, Kayode Akintola addresses these issues, providing an exceptional in-depth analysis of the principles, policy and practice of creditor treatment in corporate insolvency law.
Author | : International Monetary Fund |
Publisher | : International Monetary Fund |
Total Pages | : 108 |
Release | : 1999-08-02 |
Genre | : Business & Economics |
ISBN | : 9781557758200 |
Written by IMF's Legal Department, this book outlines the key issues involved in designing and implementing orderly and effective insolvency procedures, which play a critical role in fostering growth and competitiveness and may also assist in the prevention and resolution of financial crises. The book draws on lessons learned from firsthand experience by some of the IMF's 182 member countries. It includes an analysis of the major policy choices that countries need to address when designing an insolvency system, a discussion of the advantages and disadvantages of these choices, and a number of specific recommendations.
Author | : Vanessa Finch |
Publisher | : Cambridge University Press |
Total Pages | : 662 |
Release | : 2002-09-12 |
Genre | : Business & Economics |
ISBN | : 9780521626859 |
Vanessa Finch provides an interesting look at corporate insolvency laws and processes. She adopts an interdisciplinary approach to place two questions at the centre of her discussion. Are current UK laws and procedures efficient, expert, accountable and fair? Are fundamentally different conceptions of insolvency law needed for it to develop in a way that serves corporate and broader social ends? Topics considered in this wide-ranging book include different ways of financing companies, causes of corporate failure and prospects for designing rescue-friendly processes. Also examined are alternative asset distribution of failed companies, allocations of insolvency risks and effects of insolvency on a company's directors and employees. Finch argues that changes of approach are needed if insolvency law is to develop with coherence and purpose. This book will appeal to academics and students at advanced undergraduate and graduate level, and to legal practitioners throughout the common law world.
Author | : Bo Xie |
Publisher | : Edward Elgar Publishing |
Total Pages | : 328 |
Release | : 2016-11-25 |
Genre | : Law |
ISBN | : 1781007381 |
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.
Author | : United States. Department of Justice |
Publisher | : |
Total Pages | : 720 |
Release | : 1985 |
Genre | : Justice, Administration of |
ISBN | : |
Author | : Thomas H. Jackson |
Publisher | : Beard Books |
Total Pages | : 304 |
Release | : 2001 |
Genre | : Law |
ISBN | : 9781587981142 |
A careful analysis of the fundamentals of bankruptcy law.
Author | : International Monetary Fund. Monetary and Capital Markets Department |
Publisher | : International Monetary Fund |
Total Pages | : 77 |
Release | : 2009-04-17 |
Genre | : Business & Economics |
ISBN | : 1498336051 |
This study provides an overview of the legal, institutional, and regulatory framework that countries should put in place to address cases of bank insolvency. It is primarily intended to inform the work of the staffs of the International Monetary Fund (IMF) and World Bank, and to provide guidance to their member countries.
Author | : Jay Lawrence Westbrook |
Publisher | : Martinus Nijhoff Publishers |
Total Pages | : 319 |
Release | : 2010 |
Genre | : Law |
ISBN | : 9004180257 |
We live in an age of economic turmoil. The recent crises emphasize the need for modern, sophisticated rules to govern businesses in financial distress in order to realize value from distressed companies and to protect economic institutions. This book provides information for legislators, policymakers, lawyers, accountants, academics, and administrators who seek to understand the workings of insolvency laws. Guided by the World Bank’s Principles and Guidelines, it supplements the work in this field done by UNCITRAL.