Insolvency and financial distress : how to avoid it and survive it /: how to avoid it and survive it. (2012)

• Record Type: Book
• Further Information: Note: Brian Finch.
• Other Names: Finch, Brian
• 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.
• Publisher Details: London : Bloomsbury Pub
• Publication Date: 2012
• Extent: 1 online resource (xiii, 222 pages)
• Subjects: 332.75; Bankruptcy; Financial crises; BUSINESS & ECONOMICS -- Finance; Bankruptcy; Financial crises; Electronic books
• Languages: English
• ISBNs: 9781408153970; 1408153971; 9781408153963; 1408153963
• Related ISBNs: 9781408151457
• Notes: Note: Includes bibliographical references and index.
• Access Rights: Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK).
• Access Usage: Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force.