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Insolvency Law (Practice Notes Series) Textbook Binding – 1997


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Textbook Binding, 1997
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Product details

  • Textbook Binding
  • Publisher: Routledge-Cavendish (1997)
  • Language: English
  • ISBN-10: 1859413056
  • ISBN-13: 978-1859413050
  • Product Dimensions: 21.2 x 13.8 x 1.4 cm
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Bestsellers Rank: 2,252,201 in Books (See Top 100 in Books)

Product Description

Synopsis

"Insolvency Law" takes the newly-qualified and non-specialist solicitor through all forms of insolvency, corporate and personal, from both the debtor's and the creditor's points-of-view. This new edition discusses how the Insolvency Act 1986 has worked in practice and incorporates the considerable body of case law which has grown up around the Act. Because of the increased popularity in the use of Individual Voluntary Arrangements (IVA's), this section of the book has been expanded to provide even more information and guidance. Practitioners should use this title as a starting-point for this particular area of law and "Insolvency Law" should show them what their next step should be in a case.

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0 of 1 people found the following review helpful By Honrus Publicus on 5 Dec. 2013
My own copy is a little out of date, having been printed in 1997. Still much of it is still relevant.

Best used, if you can either afford it or can get hold of a decent second-hand copy, with Butterworths Insolvency Law Handbook.

This excellent little handbook covers virtually all the essentials of insolvency law, from individual voluntary arrangements to company voluntary arrangements and administrations.

Extremely useful for anyone involved in business. A little well-known fact is that whenever it comes to insolvency, it is always best to not get beaten to the punch. Don't sit around waiting for the crumbs; there may not be many left once all the preferred (secured) creditors have taken their share of the pie.

The problem with many creditors is that they often fear losing what they've got rather than calculating what they can get. Too many modern solicitors, accountants and people involved in finance (company directors) are either incompetent, corrupt - or both!

For example, I downloaded a copy of Freeport's accounts for the year ended 30 June 2012. Having checked the figures, I noticed that the three totals that are supposed to make up the debtors figures (in the notes) exceeded the total on the balance sheet. They shouldn't.

The accounts were prepared by John Bennett of RSM Tenon Audit Limited and signed off by Robert Edward Hodges (then the managing director). Neither noticed the error.
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