Examining The Adequacy Of The English Enterprise Act 2002 In Cultivating A Rescue Culture
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Examining The Adequacy Of The English Enterprise Act 2002 In Cultivating A Rescue Culture
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Author : Ahmad Swaiss
language : en
Publisher: GRIN Verlag
Release Date : 2024-02-12
Examining The Adequacy Of The English Enterprise Act 2002 In Cultivating A Rescue Culture written by Ahmad Swaiss and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-02-12 with Law categories.
Essay from the year 2024 in the subject Law - Civil / Private, Trade, Anti Trust Law, Business Law, language: English, abstract: The Enterprise Act 2002 revolutionized English insolvency law, prioritizing business rescue over liquidation. This article comprehensively analyzes the act's impact, particularly on secured creditor rights, and its effectiveness in achieving this objective. While acknowledging the positive strides made, it argues for further development to create a truly flourishing rescue culture. Drawing on international best practices and targeted reforms, the article explores potential solutions to enhance transparency, information sharing, and fairness in restructuring processes. Success stories like JJB Sports and Virgin Atlantic are examined alongside challenges presented by data privacy and algorithmic bias. Ultimately, the article advocates for continuous evaluation and a commitment to fostering a robust rescue culture that benefits all stakeholders. The news buzzed with anxiety as yet another beloved retail chain teetered on the brink of collapse. Images of shuttered stores and lost jobs flashed across screens, a stark reminder of the ever-present threat of business failure. For decades, English insolvency proceedings mirrored this grim reality, often prioritizing swift liquidation over potentially life-saving company rescues. Recognizing the devastating consequences of this approach, the EA 2002 emerged as a beacon of hope, its mission: to cultivate a "rescue culture" - a philosophy prioritizing the preservation of viable businesses and the jobs they provide. But did this legislative landmark truly deliver on its promise? This article delves deep into the heart of the EA 2002, dissecting the effectiveness of its reforms and, more importantly, advocating for further evolution in key areas to ensure a truly resilient and compassionate business landscape.
Comparative Insolvency Law
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Author : Bo Xie
language : en
Publisher: Edward Elgar Publishing
Release Date : 2016-11-25
Comparative Insolvency Law written by Bo Xie and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-11-25 with Law categories.
Comparative Insolvency Law argues that the most important development in contemporary insolvency law and practice is the shift towards a rescue culture rather than full creditor satisfaction. This book is the first to specifically examine the rise of the pre-pack approach, which permits debtor companies to formulate a clear pre-arranged exit before entering into formal insolvency proceedings.
Corporate Insolvency Law
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Author : Vanessa Finch
language : en
Publisher: Cambridge University Press
Release Date : 2002-09-12
Corporate Insolvency Law written by Vanessa Finch and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-09-12 with Business & Economics categories.
Vanessa Finch provides an interesting look at corporate insolvency laws and processes. She adopts an interdisciplinary approach to place two questions at the centre of her discussion. Are current UK laws and procedures efficient, expert, accountable and fair? Are fundamentally different conceptions of insolvency law needed for it to develop in a way that serves corporate and broader social ends? Topics considered in this wide-ranging book include different ways of financing companies, causes of corporate failure and prospects for designing rescue-friendly processes. Also examined are alternative asset distribution of failed companies, allocations of insolvency risks and effects of insolvency on a company's directors and employees. Finch argues that changes of approach are needed if insolvency law is to develop with coherence and purpose. This book will appeal to academics and students at advanced undergraduate and graduate level, and to legal practitioners throughout the common law world.
Social Science Research
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Author : Anol Bhattacherjee
language : en
Publisher: CreateSpace
Release Date : 2012-04-01
Social Science Research written by Anol Bhattacherjee and has been published by CreateSpace this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-04-01 with Science categories.
This book is designed to introduce doctoral and graduate students to the process of conducting scientific research in the social sciences, business, education, public health, and related disciplines. It is a one-stop, comprehensive, and compact source for foundational concepts in behavioral research, and can serve as a stand-alone text or as a supplement to research readings in any doctoral seminar or research methods class. This book is currently used as a research text at universities on six continents and will shortly be available in nine different languages.
Corporate Rescue
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Author : Alice Belcher
language : en
Publisher:
Release Date : 1997
Corporate Rescue written by Alice Belcher and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Bankruptcy categories.
This book takes a conceptual, interdisciplinary approach to the issues surrounding corporate rescue and the decision possibilities for companies in decline. The broad perspective enables the reader to understand the wider business context of insolvency law.
Reforms Opportunities And Challenges For State Owned Enterprises
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Author : Edimon Ginting
language : en
Publisher:
Release Date : 2020-07-29
Reforms Opportunities And Challenges For State Owned Enterprises written by Edimon Ginting and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-07-29 with Business & Economics categories.
Investing In Cultural Diversity And Intercultural Dialogue
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Author : Unesco
language : en
Publisher: UNESCO
Release Date : 2009-01-01
Investing In Cultural Diversity And Intercultural Dialogue written by Unesco and has been published by UNESCO this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-01-01 with Social Science categories.
This report analyses all aspects of cultural diversity, which has emerged as a key concern of the international community in recent decades, and maps out new approaches to monitoring and shaping the changes that are taking place. It highlights, in particular, the interrelated challenges of cultural diversity and intercultural dialogue and the way in which strong homogenizing forces are matched by persistent diversifying trends. The report proposes a series of ten policy-oriented recommendations, to the attention of States, intergovernmental and non-governmental organizations, international and regional bodies, national institutions and the private sector on how to invest in cultural diversity. Emphasizing the importance of cultural diversity in different areas (languages, education, communication and new media development, and creativity and the marketplace) based on data and examples collected from around the world, the report is also intended for the general public. It proposes a coherent vision of cultural diversity and clarifies how, far from being a threat, it can become beneficial to the action of the international community.
The Financial Crisis Inquiry Report
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Author : Financial Crisis Inquiry Commission
language : en
Publisher: Cosimo, Inc.
Release Date : 2011-05-01
The Financial Crisis Inquiry Report written by Financial Crisis Inquiry Commission and has been published by Cosimo, Inc. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-05-01 with Political Science categories.
The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.
Shadow Education
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Author : Mark Bray
language : en
Publisher: Asian Development Bank
Release Date : 2012-05-01
Shadow Education written by Mark Bray and has been published by Asian Development Bank this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-05-01 with Education categories.
In all parts of Asia, households devote considerable expenditures to private supplementary tutoring. This tutoring may contribute to students' achievement, but it also maintains and exacerbates social inequalities, diverts resources from other uses, and can contribute to inefficiencies in education systems. Such tutoring is widely called shadow education, because it mimics school systems. As the curriculum in the school system changes, so does the shadow. This study documents the scale and nature of shadow education in different parts of the region. Shadow education has been a major phenomenon in East Asia and it has far-reaching economic and social implications.
The Crowd
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Author : Gustave Le Bon
language : en
Publisher:
Release Date : 1897
The Crowd written by Gustave Le Bon and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1897 with Crowds categories.