Insolvency and Restructuring Manual: Second Edition

This is a practical, user-friendly, and comprehensive guide to corporate insolvency and restructuring in the UK. The book explains the principles and procedures involved, taking the reader through the UK's various formal insolvency processes they might encounter, including liquidations, compulsory liquidations, receiverships, administrations, company voluntary arrangements (CVAs), and schemes of arrangement. To emphasize the practical nature of the approach, the book offers quick summaries, flow charts of insolvency processes, and tables comparing procedures and remedies. It also contains separate chapters covering company law issues (e.g. the position of the director), the role of creditors, and cross-border considerations. This second edition has been updated to include new UK case law, some with far reaching implications.