Corporate Rescue Mechanisms in Malaysia

Description

This book provides detailed analysis and guidance on the various tools available for corporate rescue. These tools, used appropriately by skilled insolvency practitioners, can provide a much-needed lifeline to ailing businesses.

Corporate voluntary arrangement, judicial management and scheme of arrangement are key modes of corporate rescue mechanism which are given careful consideration in this book. The practical knowledge and experience carefully woven with the black letter law by the authors lend much value to this indispensable book. Discussions of commercial realities and intricate business considerations provide valuable depth to the analysis in this book. Careful consideration of the interplay between different rescue modes is given to show the way to effective outcomes. The interests of the various stakeholders in a rescue exercise are accorded required attention.

This book fills a glaring gap in local legal and insolvency literature and should become the first point of reference for corporate lawyers, insolvency practitioners, judges, business owners, accountants and finance professionals.

Key Features
– Comprehensive and practical coverage of corporate rescue mechanisms.
– Clear guidance on the requirements of each rescue mode.
– Systematic presentation of procedure to be adopted.
– Focus on the implementation of approved rescue schemes.
– Analysis on most recent Malaysian cases in corporate rescue.
– Insights into the realities of corporate rescue, including the necessity of incorporating elements of liquidation/winding-up into the practice.
– Consideration of the interplay of different rescue mechanisms for effective outcome.
– Survey of the evolution of the region’s legal regime and approach towards corporate insolvency and rescue.

Table of Contents:
1. Brief History and Development
2. Parties
3. White Knights, Stakeholders, and Compromise
4. Preparation and Planning
5. Schemes of Arrangement
6. Judicial Management
7. Corporate Voluntary Arrangement
8. Multiple Approaches to Rescue
9. Legal Regime Across Different Jurisdictions