'Cash is king' - and, presumably, will remain king for a long time to come. This viewpoint is even more relevant since the 2008 international financial crisis. Banks are still hesitant to provide credit lines to companies, whether national or cross-border. High interest rates are charged on debt but hardly any interest is paid on credit amounts. More than ever before, companies need to limit both debit and credit amounts. Pooling cash within a corporate group or among a number of companies enables the best use of the funds available at as little cost as possible, thus strengthening the financial position of the companies involved. Cash pooling is thereby a means of reducing the risk of insolvency during difficult economic times.
The first edition of this book, published in 2012, was very well received. Since then, there have been a number of reasons to update the information it contains: new case law, new national legislation and recent EU initiatives. Furthermore, chapters on Estonia, Latvia and Lithuania have been added to the already impressive number of jurisdictions covered.
This title, published in association with the International Bar Association, draws together leading practitioners from a wide range of countries, who together provide detailed analysis on the provisions in their jurisdiction for cash pooling and insolvency. Each chapter follows the same template for ease of reference; topics featured include specific legal requirements from various perspectives, the liability of company directors, banking requirements, regulatory requirements and tax.
This practical handbook is an essential guide for any insolvency professional, in-house counsel or adviser in banking and finance.
Rezensionen / Stimmen
Review for first edition: This practical handbook is a welcome guide for in-house counsel or advisers in banking and finance, as well as for insolvency practitioners. -- Professor Bob Wessels
Auflage
Sprache
Verlagsort
Zielgruppe
Produkt-Hinweis
Fadenheftung
Gewebe-Einband
Maße
Höhe: 236 mm
Breite: 157 mm
Dicke: 36 mm
Gewicht
ISBN-13
978-1-911078-16-6 (9781911078166)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Klassifikation
Introduction 7
Marcel Willems
Kennedy Van der Laan NV
Cash pooling and the EU Insolvency Regulation 9
Bart de Man
Jeroen Postma
Kennedy Van der Laan NV
Argentina 17
Tomas M Araya
M&M Bomchil Abogados
Mario Benjamin Teran
Lawyer
Daniela A Bianchi
Marval, O'Farrell & Mairal
Austria 35
Arno Brauneis
bkp Rechtsanwaelte
Australia 45
Ian Walker
Minter Ellison
Belgium 59
Tom Geudens
Yves Lenders
Pieter Meeus
Lydian
Canada 75
Mary Arzoumanidis
Jeffrey Carolan
Royal Bank of Canada
China 89
Rogier van Bijnen
Kathleen Cao
R&P China Lawyers
Cyprus 105
Venetia Argyropoulou
Alexandra Pelaghias-Christodoulou
Pelaghias, Christodoulou, Vrachas LLC
Czech Republic 121
Ernst Giese
Maria Piac?kova
Giese & Partner, vos
Denmark 135
Carsten Ceutz
Thomas Frobert
Morten Krogsgaard
Bech-Bruun
England 151
Charles Kerrigan
Olswang LLP
Estonia 173
Martin Maeesalu
Raino Paron
Tonis Vahesaar
Raidla Ellex
Finland 185
Pekka Jaatinen
Anna-Kaisa Remes
Castren & Snellman Attorneys Ltd
France 199
Amelie Dorst
Anja Droege Gagnier
BMH Avocats
Germany 213
Daniela Mader
Kirsten Schuemann-Kleber
GOERG
Greece 229
Constantinos N Klissouras
Christina K Papachristopoulou
KP Law Firm
Hungary 243
Melinda Pelikan
Zsofia Polyak
Janos Toth
Wolf Theiss
Ireland 257
Daragh Bohan
Frank Flanagan
Mayson Hayes & Curran
Italy 281
Flavio A Acerbi
5Lex
Silvio Cavallo
Domenico Gioia
Paolo Manganelli
Paul Hastings
Cosimo Pennetta
RCC Lex
Japan 323
Naoya Ariyoshi
Maya Ito
Shinsuke Ushirobira
Nishimura & Asahi
Latvia 339
Dia?na Balkena
BDO Legal
Lithuania 347
Liudgardas Maculevic?ius
Roedl & Partner
Luxembourg 355
Franz Fayot
Laurent Fisch
FischFayot
Mexico 371
Dario U Oscos
Oscos Abogados
Netherlands 379
Marcel Willems
Kennedy Van der Laan NV
Norway 395
Borge Grottjord
Kari Amalie Pettersen
Grette DA
Portugal 417
Miguel de Avillez Pereira
Gomez-Acebo & Pombo
Hugo Teixeira
Abreu Advogados
South Korea 429
Sang-Jin Ahn
Keum-Ho Lee
Steve Sunghwa Song
Kim and Chang
Spain 441
Maria Luisa de Alarcon
Agustin Bou
Carlos Pol
Jausas
Sweden 459
Kristina Einarsson
Mathias Winge
Setterwalls
Switzerland 471
Benedict F Christ
David Jenny
Nadia Tarolli Schmidt
VISCHER AG
United States 483
Judith Elkin
Judith Elkin PLLC
Kourtney P Lyda
Arsalan Muhammad
Kelli Stephenson Norfleet
Haynes and Boone, LLP
About the authors 505
