With the rise in the number of mergers and acquisitions taking place in today's business environment, there will undoubtedly be a rise in the number of bankruptcies. Completely updated, Bankruptcy and Insolvency Accounting, Seventh Edition, Volume 2 updates the most recent forms and exhibits as a result of the new Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 (BAPCPA).
Bankruptcy and Insolvency Accounting, Practice and Procedure, Volume 1
Accountants and financial managers are often the first professionals to realize that a financial problem exists within a corporation but must be familiar with the various alternatives available to clients before they can offer solutions. Completely updated, Bankruptcy and Insolvency Accounting, Seventh Edition, Volume 1 pres detailed information on SOP 90-7 and FASB statements 141, 142, and 144 and revisions made in CSSR 93-1 by CSSR 03-1.
This book considers all forms of insolvency including personal and corporate insolvency, liquidation, receivership and administration. A clear exposition of the procedures to be followed is provided, and the book incorporates a considerable body of case law, with particular reference to the areas of winding up procedures and voluntary arrangements. There is an expanded section on the use of IVAs especially in regard to voting, and the section on partnerships takes into account the changes brought about by the Insolvent Partnerships Order 1994 and the introduction of the concept of the Partnership Administration Order and Partnership Voluntary Arrangement.
This "Insolvency Professional Practice Guide" is designed to give apprentice solicitors a clear and thorough understanding of the current insolvency practice and procedure. In particular, it will delve more intensely into the many areas of Insolvency, such as personal insolvency, company insolvency, compulsory liquidations, voluntary liquidations, receiverships, alternatives to winding up, and international insolvency. The guide is designed to equip one to advise and act for liquidators, receivers, and examiners; for directors and shareholders of insolvent entities; for the company itself; and for third parties such as creditors, banks, employees of insolvent entities. "Insolvency" comprehensively deals with the practice issues most frequently encountered by apprentices in this area and incorporates recent developments in law and practice. It explains the principles of insolvency practice clearly and concisely by experts in the field and will prove to be an essential text for both apprentices and practitioners in this field.
Corporate and Personal Insolvency Law provides a basic framework of knowledge of the current legal rules and a comprehensive introduction to the underlying issues. It will be ideal for those studying insolvency at undergraduate or postgraduate level and for those studying professional examinations and practising in the area. 'Every so often I find a legal text book that reminds me it is possible to make a dry subject interesting by writing about it in clear, plain English. Corporate and Personal Insolvency Law is one of those text books; an excellent and readable overview of the basic framework of insolvency law and procedure.' New Law Journal, January 2004