Publisher's Synopsis
Primarily pratical in nature, this book covers all aspects of corporate recovery. Consideration is given to some of the commercial problems arising from recovery and potential remedies, and warning signs to encourage anticipation and prevention of insolvency during the economic upturn are also discussed.;Coverage includes: administration; voluntary arrangements; the consultative document issued by the Insolvency Service; responses of the professions; the author's views; proposals for change; bank-led schemes and the London approach; informal moratoria and other recovery schemes; prevention; looking for early warning signs; and early corrective action.;The text includes the amendments to the Insolvency Act 1986 and other subordinate legislation introduced since then, including the Insolvency Practitioner Regulations 1990 and the Banks (Administration Proceedings) Order 1989. It follows procedures through from inception to conclusion and is intended for insolvency lawyers, banking accountants, company secretaries and clerks in court with bankruptcy jurisdiction.