Company voluntary arrangements and administrations

Bibliographic Information

Company voluntary arrangements and administrations

Geoffrey M. Weisgard, Michael Griffiths and Louis Doyle

Jordans, c2010

2nd ed

Available at  / 1 libraries

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Includes index

Description and Table of Contents

Description

"Company Voluntary Arrangements and Administration" provides the vital information that all Insolvency Practitioners need to make informed decisions on the effective use of CVAs. A detailed explanation of the advantages and disadvantages of CVAs, the prescribed procedure and the likely problem areas will enable practitioners to assess their practicality and assist them in their management. This new edition has been updated and now covers the implementation of relevant provisions of the Companies Act 2006 which will come into effect from October 2009. It examines the increase in insolvency and administration work, the new Insolvency Rules and changes to the Insolvency Act due to come into force in April 2010 and April 2011. A new section on Administrations has also been included to cover the more popular corporate rescue procedures of liquidations and administrations.

Table of Contents

Introduction * The procedure * The role of the nominee * Costs * The proposal * The creditors * The creditors' meeting * Implementation and supervision of the CVA * Default and failure of a CVA * Taxation * Partnership voluntary arrangements * Conclusion and the future Administrations * The almost complete death of administrative receiverships * An overview of administrations * The purpose of administrations * Appointment by the court * Appointment by the floating charge holder * Appointment by the company or its directors * The effect and conduct of administrations * Ending the administration * The pre-packaged administration Appendices - Appendices include a practical example of a CVA proposal

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