Schemes of arrangement : theory, structure and operation / Jennifer Payne.

Cambridge, United Kingdom : Cambridge University Press, 2014.

1 online resource (xlvii, 409 pages) : digital, PDF file(s)

Schemes of arrangement are an important and flexible mechanism, which can be used to reorganise a company's capital. They have undergone something of a renaissance since the global financial crisis, particularly as a debt restructuring device, since effective tools were needed to deal with financial distress. Schemes have also become the mechanism of choice for recommended takeovers. In order to understand their current popularity, this book examines the use of both member and creditor schemes, and compares their advantages and disadvantages to the alternatives that are available. It performs a critical, contextual and comparative analysis of schemes and their uses, and puts forward reform proposals that are designed to ensure that schemes continue to develop as an indispensable tool for companies for the future.

Title from publisher's bibliographic system (viewed on 14 Jan 2016).

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Print version:

Cambridge Books Online.

English

9781139061049 (ebook)
9781107016408 (hardback)

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