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The Interpretation and Value of Corporate Rescue (Hardcover)
Loot Price: R3,084
Discovery Miles 30 840
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The Interpretation and Value of Corporate Rescue (Hardcover)
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This incisive book critically explores the principles, purpose and
application of corporate rescue in order to bring new significance
to rescue theory. Responding to key legislative developments and
recent case law, it examines major insolvency theories and
establishes which theoretical principles are prominently applied in
practice, and whether these principles have affected the drivers of
policy consideration. John M. Wood gives unique consideration to
value within a corporate failure and rescue context, focusing on
the issue of identifying the value of a company and its assets so
that optimal rescue outcomes can be realised. Wood provides a
detailed examination of the professional discretion afforded to
insolvency practitioners to determine how commercial decisions,
like rescue proposals, are construed. The in-depth analysis of key
cases such as Re One Blackfriars Ltd and legislation including the
Corporate Insolvency and Governance Act 2020 will prove invaluable
for both practitioners and policy makers exploring corporate
insolvency and rescue reform. It will also be of interest to
scholars and students of insolvency law, as well as company law
more broadly.
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