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Cover of Company Directors: Duties, Liabilities and Remedies

Company Directors: Duties, Liabilities and Remedies

Edited by: Mark Arnold KC, Simon Mortimore KC
Price: £275.00

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This book is now Out of Print.
A new edition has been published, the details can be seen here:
Cash Pooling and Insolvency: A Practical Global Handbook 2nd ed isbn 9781911078166

Cash Pooling and Insolvency: A Practical Global Handbook

Edited by: Marcel Willems

ISBN13: 9781905783915
New Edition ISBN: 9781911078166
Published: September 2012
Publisher: Globe Law and Business
Country of Publication: UK
Format: Hardback
Price: Out of print



Cash is king and, presumably, will remain king for a long time to come. This is even more relevant since the financial crisis. Banks are now hesitant to provide credit lines to companies, whether national or cross-border. High interest rates are charged on debit amounts, but hardly any interest is paid on credit amounts. More than ever before, companies therefore need to limit both debit and credit amounts.

Pooling cash within a corporate group or among a number of companies enables the best use of the funds available at as little cost as possible, thus strengthening the financial position of the companies involved. One result of the current economic low tide, however, is that there are some specific caveats to observe. Not only are regulatory constraints tightening by the day, but the risk of insolvency is also becoming an increasingly pressing issue.

This new title, published in association with the International Bar Association, draws together leading practitioners from a wide range of countries who together provide detailed analysis on the provisions in their jurisdiction for cash pooling and insolvency.

Each chapter follows the same template for ease of reference and topics featured include specific legal requirements from various perspectives, the liability of company directors, banking requirements, regulatory requirements and tax. This practical handbook is an essential guide for any insolvency professional, in-house counsel or adviser in banking and finance.

Subjects:
Insolvency Law, Banking and Finance
Contents:
Austria
Australia
Argentina
Belgium
Brazil
Canada
China
Cyprus
Czech Republic
Denmark
Finland
France
Germany
Greece C
Hungary
Ireland
Italy
Japan
Luxembourg
Mexico
Netherlands
Norway
Portugal
Russia
South Korea
Spain
Sweden
Switzerland
Turkey
United Kingdom
United States