Restructuring law and practice / Chris Howard, Bob Hedger.

Previous ed.: 2008.

Includes index.

Contents
Machine generated contents note: ch. 1 Introduction to restructuring
A.Scope
B.Meaning of restructuring
C.Informal arrangements compared to statutory procedures
D.The London Approach
E.The London Approach in a modern context
The INSOL Principles
F.Restructuring practice and trends
ch. 2 The restructuring process
A.Introduction
B.The pre-contractual phase
C.The contractual phase
D.Distributions pre and post insolvency
ch. 3 Information, disclosure and year end reporting
B.Quality and scope of the information in a restructuring
C.Confidentiality and disclosure
D.Accountant's reports
E.Public disclosure of information by listed companies undergoing a financial restructuring
F.Information, disclosure and approval requirements in relation to disposals by distressed UK listed companies - classification of transactions
G.Suspension of shares with respect to distressed public companies
Contents note continued: H.Delisting or easing the disclosure burden through an aim listing
I.`Year end reporting' and the impact of international accounting standards on restructurings
J.`Year end reporting' and the importance of going concern statements
ch. 4 Officers, fees and financial creditor remuneration
A.Key officer roles
B.Fees and remuneration
ch. 5 The importance of valuations in the restructuring process
A.General introduction
B.Liquidation analysis
C.Going concern valuations
D.Key valuation issues and tensions
ch. 6 Restructuring exits
A.Debt trading
B.Debt buy backs
C.Disposal programmes
D.Amend and extends
E.Involuntary refinancing
F.Debt for equity swaps
G.Tax issues affecting restructuring solutions
H.Management tax issues
ch. 7 Schemes of arrangement as a restructuring tool
B.Key statutory requirements, processes and procedures
C.Advantages of schemes
Contents note continued: D.Practical points to evaluate when considering the use of a scheme
E.The key scheme structures
F.`Compromises' and `arrangements'
what are they?
G.Jurisdictional issues
H.Who are creditors for the purposes of a scheme?
I.Scheme process and procedure
J.Comparison of schemes with CVAS
ch. 8 The impact of the Pensions Act 2004 on restructurings
B.Why have pensions become so important in restructurings?
C.The role, duties, powers and discretions of trustees under a DB scheme
D.The importance of calculating the deficit
E.The moral hazard provisions of the Pensions Act 2004
F.tPR clearance statements
G.Information gathering and notifications
H.Restructurings involving multi-employer schemes
I.Entry into the PPF
J.The impact of the pensions legislation on restructurings and insolvencies
K.Conclusion
ch. 9 Restructuring and directors' duties
B.Directors' duties
Contents note continued: C.The role of chief restructuring officers
D.Shareholder litigation
E.Wrongful trading
F.Fraudulent trading
G.Disqualification of directors
H.Shadow directors
ch. 10 Rescue rights issues
B.Timetable
C.Pre-emption rights
D.Disapplication of the statutory pre-emption provisions
E.Limits on disapplying pre-emption rights
F.The principal steps in a rights issue
G.Impact day
H.After impact day
ch. 11 Credit derivatives and restructuring
B.Contractual and documentation architecture
C.The altered interests of covered creditors and the impact of CDSs on debt restructurings
D.Conclusion
ch. 12 Chapter 11 overview
A.What is Chapter 11?
B.Opportunities of Chapter 11
C.Challenges for a Foreign Chapter 11 Debtor
D.Case studies
E.Proceedings in the US and in the Home Country.