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LEADER: 06389cam 2200841Ma 4500
001 ocn785785175
003 OCoLC
005 20210106050218.0
008 120312s2012 enk ob 001 0 eng d
006 m o d
007 cr cn|||||||||
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020 $a1408153971$q(electronic bk.)
020 $a9781408153963$q(electronic bk.)
020 $a1408153963$q(electronic bk.)
020 $z9781408151457
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072 7 $aBUS$x027000$2bisacsh
082 04 $a332.75$223
100 1 $aFinch, Brian.
245 10 $aInsolvency and financial distress :$bhow to avoid it and survive it /$cBrian Finch.
260 $aLondon :$bBloomsbury Pub.,$c2012.
300 $a1 online resource (xiii, 222 pages)
336 $atext$btxt$2rdacontent
337 $acomputer$bc$2rdamedia
338 $aonline resource$bcr$2rdacarrier
347 $adata file$2rda
504 $aIncludes bibliographical references and index.
505 0 $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.
505 8 $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.
505 8 $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.
505 8 $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.
520 $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.
650 0 $aBankruptcy.
650 0 $aFinancial crises.
650 7 $aBUSINESS & ECONOMICS$xFinance.$2bisacsh
650 7 $aBankruptcy.$2fast$0(OCoLC)fst00826826
650 7 $aFinancial crises.$2fast$0(OCoLC)fst00924607
655 4 $aElectronic books.
776 08 $iPrint version:$aFinch, Brian.$tInsolvency and Financial Distress : How to avoid it and survive it.$dLondon : Bloomsbury Publishing, ©2012$z9781408151457
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