The European restructuring directive

"This comprehensive book provides a clear analysis of the European Restructuring Directive, which aims to improve national frameworks governing business restructuring and insolvency as well as to provide debt relief for individuals. Gerard McCormack explores the key aspects of the Directive inc...

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1. Verfasser: McCormack, Gerard (VerfasserIn)
Format: Buch
Sprache:English
Veröffentlicht: Cheltenham, UK ; Northampton, MA, USA Edward Elgar Publishing 2021
Schriftenreihe:Elgar corporate and insolvency law and practice
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Datensatz im Suchindex

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Gerard McCormack explores the key aspects of the Directive including the moratorium on litigation and enforcement claims against the financially-troubled business, the provision for new financing, the division of creditors into classes, the introduction of a restructuring plan and the rules for approval of the plan by a court or administrative authority. Key features include: a unique contextualisation of the Directive, situating it against the backdrop of earlier European initiatives identification of important parallels with the UK scheme of arrangement and the new UK restructuring plan procedure embodied in the Corporate Insolvency and Governance Act 2020 a comparison of the Directive with Chapter 11 of the US Bankruptcy Code, the United Nations Commission on International Trade Law legislative guide on insolvency, and the World Bank's Insolvency and Creditor Rights and Doing Business projects. This important new book provides a detailed and practical analysis of the Directive and the implications for its transposition into national laws, making it an essential work for insolvency lawyers and practitioners, as well as EU policy makers. 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spelling McCormack, Gerard Verfasser (DE-588)1055787046 aut
The European restructuring directive Gerard McCormack (Professor of International Business Law, University of Leeds, UK and Visiting Professor, University of Vaasa, Finland)
Cheltenham, UK ; Northampton, MA, USA Edward Elgar Publishing 2021
xxiii, 306 Seiten
txt rdacontent
n rdamedia
nc rdacarrier
Elgar corporate and insolvency law and practice
"This comprehensive book provides a clear analysis of the European Restructuring Directive, which aims to improve national frameworks governing business restructuring and insolvency as well as to provide debt relief for individuals. Gerard McCormack explores the key aspects of the Directive including the moratorium on litigation and enforcement claims against the financially-troubled business, the provision for new financing, the division of creditors into classes, the introduction of a restructuring plan and the rules for approval of the plan by a court or administrative authority. Key features include: a unique contextualisation of the Directive, situating it against the backdrop of earlier European initiatives identification of important parallels with the UK scheme of arrangement and the new UK restructuring plan procedure embodied in the Corporate Insolvency and Governance Act 2020 a comparison of the Directive with Chapter 11 of the US Bankruptcy Code, the United Nations Commission on International Trade Law legislative guide on insolvency, and the World Bank's Insolvency and Creditor Rights and Doing Business projects. This important new book provides a detailed and practical analysis of the Directive and the implications for its transposition into national laws, making it an essential work for insolvency lawyers and practitioners, as well as EU policy makers. It will also be critical reading for academics and students of law, particularly those interested in commercial, insolvency, corporate and European law"--
Europäische Union (DE-588)5098525-5 gnd rswk-swf
Insolvenzrecht (DE-588)4114026-6 gnd rswk-swf
Europäische Union (DE-588)5098525-5 b
Insolvenzrecht (DE-588)4114026-6 s
DE-604
Erscheint auch als Online-Ausgabe 978-1-78990-881-7
spellingShingle McCormack, Gerard
The European restructuring directive
Europäische Union (DE-588)5098525-5 gnd
Insolvenzrecht (DE-588)4114026-6 gnd
subject_GND (DE-588)5098525-5
(DE-588)4114026-6
title The European restructuring directive
title_auth The European restructuring directive
title_exact_search The European restructuring directive
title_exact_search_txtP ˜Theœ European restructuring directive
title_full The European restructuring directive Gerard McCormack (Professor of International Business Law, University of Leeds, UK and Visiting Professor, University of Vaasa, Finland)
title_fullStr The European restructuring directive Gerard McCormack (Professor of International Business Law, University of Leeds, UK and Visiting Professor, University of Vaasa, Finland)
title_full_unstemmed The European restructuring directive Gerard McCormack (Professor of International Business Law, University of Leeds, UK and Visiting Professor, University of Vaasa, Finland)
title_short The European restructuring directive
title_sort the european restructuring directive
topic Europäische Union (DE-588)5098525-5 gnd
Insolvenzrecht (DE-588)4114026-6 gnd
topic_facet Europäische Union
Insolvenzrecht
work_keys_str_mv AT mccormackgerard theeuropeanrestructuringdirective