An edition of Insolvency and financial distress
(2012)
Insolvency and financial distress
how to avoid it and survive it
by Brian Finch
- 1 Want to read
Share
×Close
Avoiding insolvency is a key challenge for any business: even in good economic times, one in three small businesses goes bust every year, and in the current fraught climate, companies of all sizes are facing financial distress. According to the UK government's Insolvency Service, in the first quarter of 2011 alone, there were over 4,000 compulsory liquidations and creditors' voluntary liquidations in total in England and Wales. In this book, Brian Finch offers information and advice for people connected with businesses in financial distress. The main aim is to avoid insolvency wherever possibl.
Check nearby libraries
Buy this book
Previews available in: English
| Edition | Availability |
|---|---|
1
Insolvency and Financial Distress: How to Avoid It and Survive It
2013, Bloomsbury Publishing Plc
in English
1283479311 9781283479318
|
zzzz
|
2
Insolvency and financial distress: how to avoid it and survive it
2012, Bloomsbury Pub.
in English
1408153971 9781408153970
|
aaaa
|
Book Details
Table of Contents
Cover; Contents; Acknowledgements; Preface; Introduction; Chapter 1: Knowing you have a problem; Legal action; 'Not yet'; The letter from your accountant; The audit opinion; Common causes of financial distress; Legal disputes; What to do; Chapter 2: dealing with the stress of financial distress; Human causes; Human consequences; Chapter 3: avoiding insolvency; A digression: the immediate and urgent; What are the options?; Chapter 4: Practical problems; Cessation of service and supply; Dealing with tax authorities; Dealing with landlords; Dealing with banks; Dealing with bailiffs.
Credit ratingsRetention of title; Winding-up petition; Chapter 5: alternatives to insolvency; Company restructuring; Raise new funds; Tax benefits for investors; Sell the business; Compound with creditors; Chapter 6: Types of insolvency and terms used; Preparing for insolvency; Administration; Receivership; Administrative receivership; Members' Voluntary Liquidation; Creditors' Voluntary Liquidation; Creditors' Compulsory Liquidation; Landlords' rights in insolvency; Chapter 7: Using administration to save your business; The pre-pack; Evaporation of value; Finding an administrator.
Costs and other issues of administrationComplaints; Chapter 8: Implications for directors; Fraudulent preference; Wrongful trading; Corporate governance; Chapter 9: Starting again; Getting a bank account; Utilities; Suppliers; Chapter 10: Practical steps for investors, creditors and employees; Shareholders; Creditors
what to do; Detailed actions; Enforcement; Debtors and county court claims; The statutory demand; What a debtor should do about a statutory demand; Interest on late payment; Recovering money from an insolvent company; Landlords; Employees: what happens, what to do. Pensions.
Chapter 11: Buying from an administratorBuying your own business; Buying an unconnected business; Characteristics of purchase from administration; Chapter 12: Getting help; Relevant websites; Relevant legislation; Glossary; Index; A; B; C; D; E; F; G; H; I; L; M; N; O; P; R; S; T; U; V; W.
Edition Notes
Includes bibliographical references and index.
Classifications
The Physical Object
Edition Identifiers
Work Identifiers
Community Reviews (0)
| July 17, 2023 | Edited by ImportBot | import existing book |
| January 22, 2021 | Created by ImportBot | import new book |