p. 84316. Rescue and Insolvency Procedures
- Sarah WorthingtonSarah WorthingtonDowning Professor of the Laws of England and Fellow of Trinity College University of Cambridge Academic Member, South Square, Gray’s Inn
- and Sinéad AgnewSinéad AgnewCatherine Seville Assistant Professor in Law and Fellow of Newnham College University of Cambridge Associate Member of Serle Court, Lincoln’s Inn
Abstract
This chapter discusses the formal mechanisms that facilitate major corporate reconstructions. These are: (i) arrangements or reconstructions under the Insolvency Act 1986 ss 110–111; (ii) arrangements, reconstructions, mergers or divisions under the Companies Act 2006 (CA 2006) Pts 26, 26A and 27; and (iii) takeovers under CA 2006 Pt 28.