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This book is now Out of Print.
A new edition has been published, the details can be seen here:
McPherson & Keay: Law of Company Liquidation 4th ed isbn 9780414061514

McPherson's Law of Company Liquidation 3rd ed

ISBN13: 9780414027572
New Edition ISBN: 9780414061514
Previous Edition ISBN: 9781847033277
Published: September 2013
Publisher: Sweet & Maxwell Ltd
Country of Publication: UK
Format: Hardback
Price: Out of print

McPherson's law of Company Liquidation is the authoritative reference work on the law relating to the liquidation of companies.

Providing penetrating analysis of legal principles, legislation and case law, it deals with all aspects of the subject from commencement through to dissolution, setting them in context of the changed landscape post 2008 and the financial crisis.

  • Covers the law and procedures of the different modes of winding up, advising on the principles, prodecures and practical issues
  • Discusses the requirements of the winding-up petitions of creditors, contributories, the Secretary of State and others
  • Explains how the administrative organs of winding up work
  • Analyses the role and duties of the liquidator
  • Examines the position and responsibilities of contributories and creditors
  • Discusses the division and distribution of assets
  • Gives guidance on investigations and examinations
  • Advises on misconduct and prosecutions
  • Goes through the highly nuanced old and new case law, explaining the implications of recent decisions
  • Discusses the impact of recent legislation, including the Bribery Act 2010 and full enactment of the Companies Act 2006

Insolvency Law
Modes of winding up.
Creditor's petition for a winding-up order.
Contributory's petition.
Miscellaneous other petitions.
Provisional liquidation.
Commencement and effect of winding up.
Administrative organs of winding up.
Functions of the liquidator.
Assets available for division and distribution.
Division of assets among creditors.
Distribution of surplus assets.
Investigations and Examinations.
Misconduct and prosecutions.
The conclusion of winding-up proceedings.
International aspects of liquidations.