The Law and Practice of Restructuring in the UK and US

The Law and Practice of Restructuring in the UK and US is a practical guide to the restructuring of corporate debt and associated restructuring issues such as employees and pensions, from the perspective of both UK and New York law, the dominant systems of law in the world commercial and financial markets.

At a time when many companies are looking at renegotiating and restructuring their debt agreements, this book provides a timely analysis of current techniques and likely developments in the field of corporate restructuring.

An expert contributor team from both the US and UK combine their practical experience to cover all aspects of corporate restructuring.

With coverage of techniques available to both stressed and distressed companies, as well as looking at specialist markets and key stakeholders, The Law and Practice of Restructuring in the UK and US is an invaluable guide for banking, finance and insolvency practitioners and their clients, both financial institutions and companies looking to restructure debt, as well as global accountancy firms and law and business schools worldwide.

Chris Mallon is a Partner and the Co-Head of the Corporate Restructuring Department in Europe at Skadden, Arps, Slate, Meagher & Flom (UK) LLP. He is a contributor to Collier on Bankruptcy 15e (LexisNexis looseleaf) and speaks regularly on restructuring issues in Europe and the US.

Shai Waisman is a Partner in the Business Finance and Restructuring team at Weil Gotshal & Manges in New York. He regularly contributes articles to various US bankruptcy bulletins and reviews. Mr. Waisman's practice incorporates crisis management, complex multi-national restructurings and acquiring troubled companies.

1: Christopher Mallon & Shai Waisman: Introduction
2: Scott Simpson & Jay Goffman: Emergency Share and Assets Sales
3: Nik Colbridge & Nick Saggese: Tender and Exchange Offers
4: Peter Coulton, Douglas Urquhart & Hoyoon Nam: Debt Buy-Backs
5: Christopher Mallon & Harvey R. Miller: Duties of Directors and Management of Distressed Companies
6: Andrew Shutter & Duane McLaughlin: Waivers, Standstills and Amendments
7: Gabriel Moss QC, Dan Bayfield, Adam Al-Attar, Howard Seife & Seven Rivera: Giving Effect to Debt Compromise Arrangements - Binding the Minority or Out of the Money Classes of Creditors
8: Restructuring through US Chapter 11 and UK Pre-Pack Administration
9: Philip Ridgway, Stuart Goldring & Max Goodman: Tax Issues in Restructuring
10: Adrian Harris, Alper Deniz & Paula Greenman: Restructuring in Structured Finance Markets and Vehicles
11: Philip Hertz, Daniel Kossoff & Shai Waisman: Compromising Shareholder Claims Both Generally and in Listed Companies
12: Michael Sippitt & Eric Ivester: Employees and Trade Unions
13: Alastair Meeks & Michael Kam: Pension Trustees and Regulators
14: Christopher Mallon & Shai Waisman: Cross-Border Insolvency
1. Introduction, Christopher Mallon & Shai Waisman
2. Emergency Share and Assets Sales, Scott Simpson & Jay Goffman
3. Tender and Exchange Offers, Nik Colbridge & Nick Saggese
4. Debt Buy-Backs, Peter Coulton, Douglas Urquhart & Hoyoon Nam
5. Duties of Directors and Management of Distressed Companies, Christopher Mallon & Harvey R. Miller
6. Waivers, Standstills and Amendments, Andrew Shutter & Duane McLaughlin
7. Giving Effect to Debt Compromise Arrangements - Binding the Minority or Out of the Money Classes of Creditors, Gabriel Moss QC, Dan Bayfield, Adam Al-Attar, Howard Seife & Seven Rivera
8. Restructuring through US Chapter 11 and UK Pre-Pack Administration
9. Tax Issues in Restructuring, Philip Ridgway, Stuart Goldring & Max Goodman
10. Restructuring in Structured Finance Markets and Vehicles, Adrian Harris, Alper Deniz & Paula Greenman
11. Compromising Shareholder Claims Both Generally and in Listed Companies, Philip Hertz, Daniel Kossoff & Shai Waisman
12. Employees and Trade Unions, Michael Sippitt & Eric Ivester
13. Pension Trustees and Regulators, Alastair Meeks & Michael Kam
14. Cross-Border Insolvency, Christopher Mallon & Shai Waisman