Research Handbook on Corporate Restructuring

Edited by Paul J. Omar, Senior Lecturer, De Montfort University, Leicester and Jennifer L.L. Gant, Senior Lecturer in Law, College of Business Law and Social Sciences, University of Derby, UK

‘Research Handbook on Corporate Restructuring is a “must-have” for college and university collections as well as the reading lists of professionals in the field. Highly recommended.’

• Contents:Preface xii1 Corporate rescue through the ages 1Paul J. OmarPART I NATIONAL AND INTERNATIONAL MODELS FOR RESCUE2 International organisations and the search for global insolvency standards 17Gerard McCormack3 The evolution of corporate rescue in Canada and the United States 40Jassmine Girgis4 The idea of rescue and the Chapter 11 model 59Edward Janger5 Trust as a turnaround technique to influence the continuity versus assetrecovery decision of restructuring bankers: An empirical tale 73J A A Adriaanse and J I van der Rest6 Reforms in adverse economic climates: how reforms take place in theEurozone 87Catarina Serra, Alexandra Kastrinou and Giulia VallarPART II STAKEHOLDERS IN INSOLVENCY7 Involving secured creditors in restructuring proceedings 120Francisco Garcimartín and Nuria Bermejo8 Potential liability for directors during corporate restructuring:comparative perspectives 143Jason Harris and Anil Hargovan9 Employees as stakeholders in restructuring and insolvency: acquiredrights and business transfers 166Jennifer L. L. Gant10 The position of shareholders in a restructuring 185Stephan Madaus11 Consumers, entrepreneurs and insolvency proceedings 201Tuula LinnaPART III CORPORATE STRUCTURES AND ORGANISATIONAL MODELS12 Corporate groups 214Jessica Schmidt13 Bank insolvency – recovery and resolution 228Andrew Campbell and Paula Moffatt14 Making insolvency law responsive to the needs of financially distressedmicro and small enterprises 246Janis Sarra15 Franchisees as externalities of insolvent franchisors: a windfall gain foremployees? 261Jenny Buchan16 Insolvent partnerships: development of a normative framework basedon a contractual paradigm 278Rebecca ParryPART IV SPECIALIST PROCESS ISSUES17 Insurance procedures in corporate insolvency: a comparison of thearrangements in the United Kingdom, Australia, and New Zealand 299Robin Bowley18 Pension rights and funds 327David Pollard19 Patent-rich firms and corporate restructuring: patent signalling,valuation, and governance 346Janice Denoncourt20 The impact of artificial intelligence on insolvency law and practice 377Christoph HenkelPART V INSTITUTIONAL SUPPORT21 The realm of soft law instruments in restructuring and insolvency law 401Gert-Jan Boon and Bob Wessels22 Cross-border corporate restructurings, judicial assistance andjudge-made law: New Zealand and Cayman Island experiences 430Hon Paul Heath QC and Hon Justice Ian Kawaley23 Corporate insolvency practitioners: ethics and fiduciary duties 447Lézelle JacobsPART VI INTERDISCIPLINARY AND CROSS-FIELDS OFINSOLVENCY AND RESTRUCTURING24 Overlooked human rights concerns in the restructuring and insolvency context 466Chrystin Ondersma25 The role of social policy in corporate rescue and restructuring: a messybusiness 476Jennifer L L Gant26 Law and economics of corporate financial difficulty 500Jonathan Hardman27 A behavioural law and economics perspective on EU restructuring andinsolvency law 513Annika Wolf28 The analytical boundary between corporate reorganisation and sale incorporate bankruptcy theory 525Sarah PatersonIndex