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Books > Law > Laws of other jurisdictions & general law > Financial, taxation, commercial, industrial law > Commercial law
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The European Restructuring Directive (Hardcover)
Loot Price: R5,050
Discovery Miles 50 500
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The European Restructuring Directive (Hardcover)
Series: Elgar Corporate and Insolvency Law and Practice series
Expected to ship within 12 - 19 working days
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This comprehensive book provides a clear analysis of the European
Restructuring Directive, which aims to improve national frameworks
governing business restructuring and insolvency as well as to
provide debt relief for individuals. Gerard McCormack explores the
key aspects of the Directive including the moratorium on litigation
and enforcement claims against the financially-troubled business,
the provision for new financing, the division of creditors into
classes, the introduction of a restructuring plan and the rules for
approval of the plan by a court or administrative authority. Key
features include: a unique contextualisation of the Directive,
situating it against the backdrop of earlier European initiatives
identification of important parallels with the UK scheme of
arrangement and the new UK restructuring plan procedure embodied in
the Corporate Insolvency and Governance Act 2020 a comparison of
the Directive with Chapter 11 of the US Bankruptcy Code, the United
Nations Commission on International Trade Law legislative guide on
insolvency, and the World Bank's Insolvency and Creditor Rights and
Doing Business projects. This important new book provides a
detailed and practical analysis of the Directive and the
implications for its transposition into national laws, making it an
essential work for insolvency lawyers and practitioners, as well as
EU policy makers. It will also be critical reading for academics
and students of law, particularly those interested in commercial,
insolvency, corporate and European law.
General
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