p. 81016. Rescue and Insolvency Procedures
- Sarah WorthingtonSarah WorthingtonDowning Professor of the Laws of England, University of Cambridge
Abstract
Companies experiencing financial difficulty have various options to effect either the timely rescue of viable commercial enterprises or the orderly and competent management of affairs before ceasing operations. This chapter focuses on liquidations caused by insolvency. Topics include: company voluntary arrangements; administration; receivership and administrative receivership; distribution of assets subject to the receivership; liquidation or winding up; investigating and reporting the affairs of the company; dissolution of the company; and restoration to the register.
