Rescuing companies is becoming more and more alternative to merely liquidating a company in financial difficulties on the basis of a bankruptcy procedure. The goal of rescuing company is to preserve the healthy parts of a company in trouble and to put the company back on a sound track. This book reports on practical experiences in rescues and describes in particular transactional aspects. Young expert-practitioners are writing for practitioners. The resource material of this book is useful for further academic research into the subject especially for comparative legal analyses. The book comprises 24 national reports from 23 jurisdictions and a general report which summarizes the main differences, peculiarities and common principles of the various jurisdictions.

Table of Contents:

General Report: Joren de Wachter

Australia: Mitchell Mathas

Austria: Christoph Liebscher

Belgium: Nicole van Ranst

Canada: Jefffrey R. Lloyd, Gwen Chamberlain, Ginette Leclerc

Denmark: Christian D. Lundgren

England and Wales: Christopher Mallon

Finland: Pekka Jaatinen

France: Alain Cohen-Boulakia, Paul de Drée

Germany: Arndt Stengel, Volker Kammel

Hungary: Peter Nógrádi

Ireland: Bill Holohan

Italy: Cecilia Ghittoni

Liechtenstein: Andreas Batliner

Mexico: Alejandro Staines

The Netherlands: Erik Limpens

Peru: Luis Carlos Rodrigo Prado

Poland: Leslaw Kostórkiewicz

Portugal: Miguel de Avillez Pereira

Scotland: Norman M. Martin

Spain: Coloma Armero

Sweden: Mikael Karlsson

Switzerland: Vincent Jeanneret

United States: Richard E. Mendales

United States: The Perspective of the Venture Capital Advisor: James Y. Rayis

Index