Schemes of Arrangement
Theory, Structure and Operation
Published on 26. June 2014
Book
Hardback
457 pages
978-1-107-01640-8 (ISBN)
Description
Schemes of arrangement are an important and flexible mechanism, which can be used to reorganise a company's capital. They have undergone something of a renaissance since the global financial crisis, particularly as a debt restructuring device, since effective tools were needed to deal with financial distress. Schemes have also become the mechanism of choice for recommended takeovers. In order to understand their current popularity, this book examines the use of both member and creditor schemes, and compares their advantages and disadvantages to the alternatives that are available. It performs a critical, contextual and comparative analysis of schemes and their uses, and puts forward reform proposals that are designed to ensure that schemes continue to develop as an indispensable tool for companies for the future.
Reviews / Votes
'This is a profoundly useful and interesting book, written with great clarity ... Professor Payne has written a very good book, analysing schemes and praising their development and flexible nature.' Gerard McCormack, European Business Organization Law Review '... the book's greatest strength lies in its systematic collation and lucid explanation of a vast amount of scheme materials, greatly facilitating future research. It is a wonderful snapshot of the existing scheme practice.' Look Chan Ho, International Company and Commercial Law Review 'Schemes of Arrangement is an informative and well-structured book. Professor Payne has done excellent work to draw together the law and practice of English schemes of arrangement into a highly readable format, which balances a high-level overview with a discussion of important details ... The book will appeal primarily to lawyers, judges, and academics working in the corporate/commercial and insolvency areas, and is an excellent primer on this area of English law.' Virginia Torrie, Canadian Business Law JournalMore details
Language
English
Place of publication
Cambridge
United Kingdom
Target group
Professional and scholarly
Illustrations
1 Tables, black and white
Dimensions
Height: 235 mm
Width: 160 mm
Thickness: 27 mm
Weight
770 gr
ISBN-13
978-1-107-01640-8 (9781107016408)
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 Classification
Other editions
New editions
Book
12/2021
2nd Edition
Cambridge University Press
€174.10
Shipment within 15-20 days
Additional editions
E-Book
06/2014
Cambridge University Press
€107.99
Available for download
E-Book
06/2014
1st Edition
Cambridge University Press
€127.99
Available for download
Person
Jennifer Payne is Professor of Corporate Finance Law at the University of Oxford.
Content
1. Schemes of arrangement - an introduction; 2. The mechanics of a scheme of arrangement; 3. Member schemes of arrangement: takeover schemes; 4. Member schemes of arrangement: other examples; 5. Creditor schemes of arrangement: debt restructuring; 6. Creditor schemes of arrangement: other examples; 7. Cross-border issues; 8. The geographical expansion of schemes of arrangement; 9. Conclusion.