This comprehensive book provides an up-to-date and accessible overview of the relevant law and key issues surrounding company voluntary arrangements (CVAs). Andrew Keay and Peter Walton discuss the historical background as well as the procedural and legal requirements of CVAs.
Keay and Walton outline how CVAs can enable an insolvent company to come to terms with its situation and agree a way forward with its creditors. With a focus on the law in England and Wales, they assess the relevant procedure, investigating how the pertinent provisions in the Insolvency Act 1986 and the Insolvency Rules 2016 have been interpreted and applied. The book further examines the critical case law that has developed since the introduction of CVAs in 1986.
Key Features:
- Combines cutting-edge research with detailed analysis on the legal nature of CVAs
- Explores the role of insolvency practitioners and other stakeholders in commencing and running a CVA
- Sheds light on the professional regulatory framework and considers how different creditors are impacted by CVAs
Company Voluntary Arrangements is an essential resource for practitioners and policymakers in company and insolvency law, as well as corporate law and governance. It will also greatly benefit academics studying corporate and insolvency law.
This comprehensive book provides an up-to-date and accessible overview of the relevant law and key issues surrounding company voluntary arrangements (CVAs). Andrew Keay and Peter Walton discuss the historical background as well as the procedural and legal requirements of CVAs.
Recenzijas
In a world of financial turmoil, practitioners need as many tools in their toolbox as possible. This book provides a welcome guide through the legal and practical questions and hurdles that need to be overcome in order to obtain the successful implementation (or indeed the successful challenge) of a CVA. -- Felicity Toube KC, South Square, UK Company Voluntary Arrangements: Law and Practice is the latest contribution to corporate insolvency from Professors Andrew Keay and Peter Walton, two writers who have made it their business, in the course of their distinguished careers, to bridge the gap between academic research and insolvency law in practice. In seven comprehensive chapters they cover the genesis, nature, law and practice of CVAs and examine its close relative, the moratorium, in a welcome contribution to the Elgar Corporate and Insolvency Law and Practice series. -- Stephen Baister, Three Stone, UK
Contents
Preface
1 History and nature of company voluntary arrangements
2 Entering into a CVA
3 The Moratorium
4 During the CVA
5 Ending the CVA
6 Regulation of the insolvency practitioner
7 Impact on creditors
Appendix
Andrew Keay, Emeritus Professor of Corporate and Commercial Law, School of Law, University of Leeds and Academic Member, South Square, Gray's Inn and Peter Walton, Emeritus Professor of Insolvency Law, Wolverhampton Law School, University of Wolverhampton and Academic Member, South Square, Gray's Inn, UK
