Skip to main content Accessibility help
×
  • Cited by 19
Publisher:
Cambridge University Press
Online publication date:
July 2014
Print publication year:
2014
Online ISBN:
9781139061049

Book description

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.

Reviews

'This is a profoundly useful and interesting book, written with great clarity … Professor Payne has written a very good book, analysing schemes and praising their development and flexible nature.'

Gerard McCormack Source: European Business Organization Law Review

'… the book’s greatest strength lies in its systematic collation and lucid explanation of a vast amount of scheme materials, greatly facilitating future research. It is a wonderful snapshot of the existing scheme practice.'

Look Chan Ho Source: International Company and Commercial Law Review

'Schemes of Arrangement is an informative and well-structured book. Professor Payne has done excellent work to draw together the law and practice of English schemes of arrangement into a highly readable format, which balances a high-level overview with a discussion of important details … The book will appeal primarily to lawyers, judges, and academics working in the corporate/commercial and insolvency areas, and is an excellent primer on this area of English law.'

Virginia Torrie Source: Canadian Business Law Journal

Refine List

Actions for selected content:

Select all | Deselect all
  • View selected items
  • Export citations
  • Download PDF (zip)
  • Save to Kindle
  • Save to Dropbox
  • Save to Google Drive

Save Search

You can save your searches here and later view and run them again in "My saved searches".

Please provide a title, maximum of 40 characters.
×

Contents

Metrics

Altmetric attention score

Full text views

Total number of HTML views: 0
Total number of PDF views: 0 *
Loading metrics...

Book summary page views

Total views: 0 *
Loading metrics...

* Views captured on Cambridge Core between #date#. This data will be updated every 24 hours.

Usage data cannot currently be displayed.