000			02640nam a2200409 i 4500
001			CR9781108883672
003			UkCbUP
005			20240920165254.0
006			m|||||o||d||||||||
007			cr||||||||||||
008			191031s2021||||enk o ||1 0|eng|d
020			_a9781108883672 (ebook)
020			_z9781108835329 (hardback)
020			_z9781108792912 (paperback)
040			_aUkCbUP _beng _erda _cUkCbUP
043			_ae-uk---
050	0	0	_aKD2139 _b.P39 2021
082	0	0	_a346.4107/8 _223
100	1		_aPayne, Jennifer, _d1970- _eauthor.
245	1	0	_aSchemes of arrangement : _btheory, structure, and operation / _cJennifer Payne, University of Oxford.
250			_aSecond edition.
264		1	_aCambridge : _bCambridge University Press, _c2021.
300			_a1 online resource (l, 401 pages) : _bdigital, PDF file(s).
336			_atext _btxt _2rdacontent
337			_acomputer _bc _2rdamedia
338			_aonline resource _bcr _2rdacarrier
500			_aTitle from publisher's bibliographic system (viewed on 16 Dec 2021).
505	0		_aThe mechanics of a scheme of arrangement -- Member schemes of arrangement : takeover schemes -- Member schemes of arrangement : other examples -- Creditor schemes of arrangement : debt restructuring -- Creditor schemes of arrangement : other examples -- Cross-border issues.
520			_aSchemes of arrangement are an important and flexible mechanism, which can be used to reorganise a company's capital. Schemes have undergone a renaissance over the last twenty years, particularly as a debt restructuring device in the aftermath of the 2008 financial crisis when companies and their advisors have needed to develop effective tools for dealing with financial distress. The COVID-19 pandemic has provided a further incentive for jurisdictions to ensure that they have an effective debt restructuring mechanism in place. Schemes have also become the mechanism of choice for recommended takeovers. This book performs a critical, contextual and comparative analysis of schemes and their uses, examines recent developments in this area, including the Corporate Insolvency and Governance Act 2020, and considers whether further reform is needed to ensure that schemes continue to develop as an indispensable tool for companies for the future.
650		0	_aAssignments for benefit of creditors _zGreat Britain.
650		0	_aBankruptcy _zGreat Britain.
650		0	_aCorporate reorganizations _zGreat Britain.
650		0	_aDebtor and creditor _zGreat Britain.
776	0	8	_iPrint version: _z9781108835329
856	4	0	_uhttps://doi.org/10.1017/9781108883672
942			_2ddc _cEB
999			_c9780 _d9780