Author(s): compilation of papers
Materials comprised of a paper and a PowerPoint handout
Daniel Kalderimis, Partner, Chapman Tripp
Jeremy Upson, Senior Associate, Chapman Tripp
With a Supreme Court decision out on aspects of the company creditor compromise regime, an update on this useful form of corporate rescue and alternative to liquidation is timeous.
Looking at recent case law developments, these materials will consider when such compromises are appropriate and their advantages over other options available to nearly insolvent companies. It will also look at some of the procedural requirements including the key question of creditor classes.
These materials will help you
- Learn more about the circumstances which favour a creditor compromise and the advantages they offer including flexibility, the avoidance of insolvency and the saving on costs.
- Understand better some of the procedural requirements including voting thresholds, the determination of classes of creditors and avenues for challenging a creditor compromise.
- Gain insights into recent case law developments and their implications for creditor compromises.
General practitioners who advise clients on insolvency and commercial matters. Commercial lawyers and insolvency specialists may find this useful as a refresher.
|Publication date||February 2019|
|Format||PDF and/or hard copy|
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