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Corporate Insolvency and Rescue
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Corporate Insolvency and Rescue (Hardback)

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The second edition of this authoritative book examines in detail all the corporate insolvency procedures available in Ireland, including examination, receivership and winding-up. It examines the rights and liabilities of the parties involved in the winding-up process - company directors, shareholders, and secured and unsecured creditors - and also addresses the issue of fraudulent and reckless trading.

LawLaws of Specific jurisdictionsCompany, commercial & competition lawCompany lawLawLaws of Specific jurisdictionsFinancial lawBankruptcy & insolvency Publisher: Bloomsbury Publishing PLC Publication Date: 17/05/2012 ISBN-13: 9781847663795  Details: Type: Hardback Format: Books
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Professor Irene Lynch-Fannon is a graduate of UCD (BCL 1982); Oxford University (BCL 1986, Senior Scholar, Somerville College) and the University of Virginia (Doctor of Juridical Science 1999). She qualified as a Solicitor in Ireland in 1985. She has taught Company Law and Employment Law in the Department of Law at UCC since 1987.

More books by Irene Lynch-Fannon

More books by Gerard Murphy

Customer Reviews

EXPERT GUIDANCE FOR CROSS-BORDER INSOLVENCY PRACTITIONERS PRIMARILY BASED IN IRELAND An appreciation by Phillip Taylor MBE and Elizabeth Taylor of Richmond Green Chambers Informative, lucid and authoritative: these were among the words of praise heaped on this book when the first edition was published in 1996. This second edition published recently by Bloomsbury Professional deserves these tributes in equal measure, in fact more so. The authors, Professor Irene Lynch Fannon of University College, Cork, and Francis Murphy, a practitioner at the Bar in that city, are very familiar with the untangling of difficult problems in company law and corporate insolvency in Ireland. Bearing in mind the economic problems which have beset Ireland in recent years, the publication of this new, up-to-date edition of ‘Corporate Insolvency and Rescue’ is timely- especially as Irish law (a constantly developing area) differs in a number of ways from English law on these subjects. Insolvency practitioners in general and those who specialize in cross-border matters in particular will find the differences as well as the similarities fascinating. As Lynch Fannon remarks in the Preface: ‘The economic crisis into which Ireland was plunged in 2008 led to a renewed interest in insolvency law generally – both personal and corporate; and a great deal of interest in the examinership process in particular…’ Certain legislative milestones have ensued as a result, including the enactment of the National Asset Management Agency Act 2009, (NAMA) the effects of which have impacted on insolvency processes, notably the introduction of a ‘new’ type of statutory receiver. Lynch Fannon also mentions the enactment in 2002 of the EU Insolvency Regulation discussed in detail in the text and is careful to point out that ’Ireland is yet to adopt the UNCITRAL Model Law on Cross-Border insolvency’. Dealing with the full spectrum of corporate insolvency and rescue, the contents of this accessible and authoritative work of reference covers everything from the context (including some remarks on ‘Boom and Bust’), to winding up by the court… liquidation… receivership… creditors’ claims and remedies… fraudulent and reckless trading and much more besides. The final 3 chapters cover examinership and other forms of rescue. For ease of use and as an avenue for your further research the book provides extensive and minutely detailed footnoting -- a rich resource in itself, plus a detailed index of over thirty pages. There are massive tables of cases and legislation and five appendices, including the Rules of the Superior Courts. Usefully, especially in a field of law which impacts internationally, there is a glossary of abbreviations. ‘Corporate Insolvency and Rescue’ is therefore a scholarly, informed and thoughtful source of guidance for anyone practising in this complex area of law. If you’re in any way involved with cross-border insolvency you’ll find this book a mine of information and knowledge which offers some interesting perspectives, particularly if you have clients with interests in -- or based in Ireland. The law is stated as at April 2012.

- 12/06/2012
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