Articles Comments

Debt Relief – Insolvency – Bankruptcy Information » Insolvency » Company Voluntary Arrangements and Administrations

Company Voluntary Arrangements and Administrations


BOOK REVIEW COMPANY VOLUNTARY ARRANGEMENTS AND ADMINISTRATIONS Second Edition By Geoffrey M. Weisgard, Michael Griffiths and Louis Doyle ISBN: 978-1-84661-193-3 www.jordanpublishing.co.uk INSOLVENCY PRACTITIONER? HERE’S EVERYTHING YOU NEED TO KNOW ABOUT CVAs. An appreciation by Phillip Taylor MBE and Elizabeth Taylor of Richmond Green Chambers Be you a barrister, or solicitor, or for that matter, accountant or academic –you’ll need this book if you practice or advise in the area of company voluntary arrangements. The necessity of producing a second edition reflects the seven years that have elapsed since the publication of the 1st edition, during which time, much has changed in this area of insolvency. As the authors point out, the scope of the new edition has been extended to include the related area of administration. In their considered and expert opinion, ‘the CVA procedure should be an important part of the toolkit of each insolvency practitioner (IP) seeking to provide solutions to companies and their directors and shareholders.’ In similar vein, Richard Fleming, KPMG’s UK Head of Restructuring, is referred to as being of the opinion that ‘consensual CVAs, without moratoriums, and used outside administration, could provide a low-cost, effective restructuring tool.’ Administration, he says, is a process which, ‘should be viewed as the option of last resort due to the damaging effect it can have on a company’s value.’ Offering a practical alternative in many cases to

RELATED POSTS:

  1. Company Voluntary Arrangements Offer Scope for Saving Insolvent Companies Copyright (c) 2010 Alison Withers A CVA (Company Voluntary Arrangement) can be a powerful tool for restructuring the liabilities of...

  2. 4R Business Recovery – compulsory liquidation, company voluntary arrangement, company liquidation 4R Business Recovery is the UK’s leading company insolvency and company liquidation consultancy service. We offer solutions to issues...

  3. 4R Business Recovery – Company Liquidation, Company Insolvency 4R Business Recovery is the UK’s leading company insolvency and company liquidation advice service. This video provides a brief...

  4. A Guide to company insolvency procedures Corporate winding up is the term sometimes given to the liquidation of a limited company, although it may equally apply...

  5. How to shut down an insolvent limited company Corporate Insolvency describes a formal insolvency process undertaken over a limited company. It can include a receivership, which is when...

Written by

Filed under: Insolvency · Tags: , , ,

Leave a Reply

Connect with Facebook

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Not finding what you're looking for?
Do a custom search of our entire site:

Get Adobe Flash player