Schemes of Arrangement: Theory, Structure and Operation
Jennifer Payne (Author)
Out of Stock. Usually despatches within 2 weeks.
DescriptionSchemes of arrangement are an important and flexible mechanism, which can be used to reorganise a company's capital. They have undergone something of a renaissance since the global financial crisis, particularly as a debt restructuring device, since effective tools were needed to deal with financial distress. Schemes have also become the mechanism of choice for recommended takeovers. In order to understand their current popularity, this book examines the use of both member and creditor schemes, and compares their advantages and disadvantages to the alternatives that are available. It performs a critical, contextual and comparative analysis of schemes and their uses, and puts forward reform proposals that are designed to ensure that schemes continue to develop as an indispensable tool for companies for the future.
Cambridge University Press
26 June 2014
Earn By Promoting Books
Earn money by sharing your favourite books through our Affiliate programme.Become an Affiliate