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This book is the how-to bible for restructuring. The recent credit crunch and upheaval in markets looks set to drive an increase in restructurings, with legal and banking institutions preparing for a deluge of such work. No other book covers the practical aspects of out of court restructurings covering the consensual arena or looks at the law and practice in sustained and systematic way.
Howard and Hedger bring a coherent and comprehensive approach to the complex practice of restructuring in the UK and beyond. The book also benefits from detailed analysis of the directors duties aspects post-CA 2006, application of International Accounting Standards, going concern issues and detailed coverage of rights issues.