1. Introduction to corporate governance and insolvency -- 2. The meaning and features of corporate governance -- 3. Introduction to insolvency -- 4. Governance where the company is insolvent but not in an insolvency regime -- 5. Decision-making in insolvent regimes -- 6. Directors in formal insolvency -- 7. The role and work of insolvency practitioners in insolvent regimes -- 8. The control of insolvency practitioners -- 9. Creditors? and liquidation committees -- 10. Special managers -- 11. Role of the insolvency service.
Summary:
"This important book provides a comprehensive analysis of governance issues that exist in relation to the management of insolvent companies, both while an insolvent company is still controlled by the directors and when it passes into the hands of an insolvency practitioner in a formal insolvency regime. Throughout, the authors argue that the two most important features of corporate governance are transparency and accountability and offer a detailed analysis of the relevant law and practice. Key features: examination of the position of all stakeholders in an insolvent company, both before and during an insolvency regime; specialist explanation of what corporate governance entails and the recent developments that have occurred in relation to corporate governance as it affects insolvent companies; in-depth consideration of the role of creditors, shareholders, the Insolvency Service, special managers and creditors' committees during periods of insolvency as well as the role and functions of directors and insolvency practitioners who are the main focus." --
Series:
Elgar corporate and insolvency law and practice series
This resource is supported by the Institute of Museum and Library Services under the provisions of the Library Services and Technology Act as administered by State Library of Iowa.