The Interpretation and Value of Corporate Rescue

This book critically explores corporate rescue principles, purposes, and applications, examining insolvency theories and their impact on policy considerations. It emphasizes the value of a company and its assets in rescue situations and the discretion afforded to insolvency practitioners. Case studies and legislation provide valuable insights for practitioners and policymakers, scholars, and students of insolvency law and company law.

Format: Hardback
Length: 252 pages
Publication date: 16 December 2022
Publisher: Edward Elgar Publishing Ltd

This comprehensive book delves into the principles, purposes, and applications of corporate rescue, offering a fresh perspective on rescue theory. In response to significant legislative developments and recent case law, it examines major insolvency theories and assesses the practical application of these principles. It also explores whether these principles have influenced policy considerations. John M. Wood provides a unique perspective on value within the context of corporate failure and rescue, emphasizing the identification of a company's value and assets to achieve optimal rescue outcomes. He conducts a detailed examination of the professional discretion granted to insolvency practitioners in interpreting commercial decisions, such as rescue proposals.

The in-depth analysis of key cases, such as Re One Blackfriars Ltd., and relevant legislation, including the Corporate Insolvency and Governance Act 2020, makes this book invaluable for practitioners, policymakers, scholars, and students of insolvency law and company law. It offers insights into corporate insolvency and rescue reform and contributes to the ongoing discourse on these critical topics.

Dimension: 234 x 156 (mm)
ISBN-13: 9781839101397