LEADER 04304nam 2200613 a 450 001 9910822412203321 005 20240516114009.0 010 $a1-283-47931-1 010 $a9786613479310 010 $a1-4081-5397-1 035 $a(CKB)2670000000148297 035 $a(EBL)846018 035 $a(OCoLC)778339725 035 $a(SSID)ssj0000735120 035 $a(PQKBManifestationID)11488228 035 $a(PQKBTitleCode)TC0000735120 035 $a(PQKBWorkID)10744579 035 $a(PQKB)10457298 035 $a(MiAaPQ)EBC846018 035 $a(Au-PeEL)EBL846018 035 $a(CaPaEBR)ebr10535508 035 $a(CaONFJC)MIL347931 035 $a(EXLCZ)992670000000148297 100 $a20120312d2012 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aInsolvency and financial distress $ehow to avoid it and survive it /$fBrian Finch 205 $a1st ed. 210 $aLondon $cBloomsbury Pub.$d2012 215 $a1 online resource (235 p.) 300 $aDescription based upon print version of record. 311 $a1-4081-5145-6 320 $aIncludes bibliographical references and index. 327 $aCover; Contents; Acknowledgements; Preface; Introduction; Chapter 1: Knowing you have a problem; Legal action; 'Not yet'; The letter from your accountant; The audit opinion; Common causes of financial distress; Legal disputes; What to do; Chapter 2: dealing with the stress of financial distress; Human causes; Human consequences; Chapter 3: avoiding insolvency; A digression: the immediate and urgent; What are the options?; Chapter 4: Practical problems; Cessation of service and supply; Dealing with tax authorities; Dealing with landlords; Dealing with banks; Dealing with bailiffs 327 $aCredit ratingsRetention of title; Winding-up petition; Chapter 5: alternatives to insolvency; Company restructuring; Raise new funds; Tax benefits for investors; Sell the business; Compound with creditors; Chapter 6: Types of insolvency and terms used; Preparing for insolvency; Administration; Receivership; Administrative receivership; Members' Voluntary Liquidation; Creditors' Voluntary Liquidation; Creditors' Compulsory Liquidation; Landlords' rights in insolvency; Chapter 7: Using administration to save your business; The pre-pack; Evaporation of value; Finding an administrator 327 $aCosts and other issues of administrationComplaints; Chapter 8: Implications for directors; Fraudulent preference; Wrongful trading; Corporate governance; Chapter 9: Starting again; Getting a bank account; Utilities; Suppliers; Chapter 10: Practical steps for investors, creditors and employees; Shareholders; Creditors - what to do; Detailed actions; Enforcement; Debtors and county court claims; The statutory demand; What a debtor should do about a statutory demand; Interest on late payment; Recovering money from an insolvent company; Landlords; Employees: what happens, what to do. Pensions. 327 $aChapter 11: Buying from an administratorBuying your own business; Buying an unconnected business; Characteristics of purchase from administration; Chapter 12: Getting help; Relevant websites; Relevant legislation; Glossary; Index; A; B; C; D; E; F; G; H; I; L; M; N; O; P; R; S; T; U; V; W 330 $aAvoiding insolvency is a key challenge for any business: even in good economic times, one in three small businesses goes bust every year, and in the current fraught climate, companies of all sizes are facing financial distress. According to the UK government's Insolvency Service, in the first quarter of 2011 alone, there were over 4,000 compulsory liquidations and creditors' voluntary liquidations in total in England and Wales. In this book, Brian Finch offers information and advice for people connected with businesses in financial distress. The main aim is to avoid insolvency wherever possibl 606 $aBankruptcy 606 $aFinancial crises 615 0$aBankruptcy. 615 0$aFinancial crises. 676 $a332.75 700 $aFinch$b Brian$0719236 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910822412203321 996 $aInsolvency and financial distress$93980547 997 $aUNINA