The book provides straightforward, practical guidance offering:
- coverage on both corporate and personal insolvency;
- the options available and key decisions that need to be made by the debtor and creditor when facing financial distress or an insolvency situation;
- a step-by-step guide through each of the main insolvency processes; and
- checklists and flowcharts.
About the Author
Vernon Dennis is a partner at Howard Kennedy where he is head of the Business Recovery and Reconstruction group. With over 25 years’ experience in insolvency, creditor recovery and debtor reconstruction, he now specialises in strategic and advisory support for company boards when planning programmes of business turnaround, restructuring, or transformation. He is a fellow of R3 (the Association of Business Recovery Professionals) and has written a series of works for the Law Society’s insolvency law series.
Reviews
Already, this book has been invaluable to me, in preparing advice on both individual voluntary arrangements and company voluntary arrangements. This new edition is particularly pertinent as it was developed and published during a period of great uncertainty for businesses. The Corporate Insolvency and Governance Act 2020 introduced new measures and techniques which are extensively covered here.
In summary, the broad scope of the handbook provides some excellent practical insights into both the established and new procedures. It also takes into account the dynamic legal developments that have been present over the last year in part driven by the COVID-19 pandemic. The handbook covers the material in a concise and clear format which is accessible to junior lawyers and will also be welcomed by the more experienced practitioners.