Description
The Small Companies Administrative Rescue Process (SCARP) scheme was introduced in Ireland in 2021 to help companies that are viable yet insolvent. It was developed for small and micro companies and is part of a wider range of corporate rescue schemes examined in detail in this new book.
Corporate Restructuring in Ireland deals with all of the schemes available to insolvent companies under Part 9 of the Companies Act 2014 in a comprehensive and practical manner. It deals with all relevant legislation and case law, including: Re Antigen Holdings; Re SIAC Construction Ltd; Re Traffic Group; Re Mallinckrodt; and Re Nordic Aviation Capital DAC. Part 4 of the book deals with cross-border mergers, which have taken on new significance since Brexit. This title will be included in Bloomsbury's Irish Company and Commercial Law online service.
- Contents:
- Part 1 - Examinership
- Chapter 1: Eligibility and Appointment of Examiner
- Chapter 2: The Powers of the Examiner
- Chapter 3: Impact of Appointment on Creditors
- Chapter 4: The Examiner's Report and Proposals for Scheme of Arrangement
- Chapter 5: Examiner's Remuneration and Costs
- Part 2 - SCARP
- Chapter 6: Eligibility of Companies and Appointment of the Process Advisor
- Chapter 7: The Formulation and Consideration of the Rescue Plan
- Chapter 8: Objections to Rescue Plan
- Chapter 9: Liability of Third Parties for Company Debts
- Chapter 10: The Conclusion of the Rescue Process
- Chapter 11: Oversight of Rescue Process and Remuneration
- Part 3 - Schemes of Arrangement
- Chapter 12: Purpose of Scheme
- Chapter 13: Initiating the Scheme
- Chapter 14: Judicial Sanction
- Chapter 15: Mergers
- Chapter 16: Divisions
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