000			04252nam a2200505 i 4500
001			9781509952366
003			CaBNVSL
005			20240328115631.0
006			m o d
007			cr cn||||m|||a
008			211224s2022 enk ob 100 0 eng d
020			_a9781509952366 _q(online)
020			_a9781509952342 _q(ePub)
020			_z9781509952373 _q(softback)
020			_z9781509952335 _q(hardback)
024	7		_a10.5040/9781509952366 _2doi
035			_a(OCoLC)1291223174
040			_aCaBNVSL _beng _erda _cCaBNVSL _dCaBNVSL
043			_aa------
050		4	_aHG3769.A7814 _b.W263 2022eb
082	0	4	_a338.83095 _223
100	1		_aWan, Wai Yee, _eauthor.
245	1	0	_aCourt-supervised restructuring of large distressed companies in Asia : _blaw and policy / _cWai Yee Wan.
250			_aFirst edition.
264		1	_aLondon [England] : _bHart Publishing, _c2022
264		2	_a[London, England] : _bBloomsbury Publishing, _c2022
300			_a1 online resource (336 pages).
336			_atext _2rdacontent
337			_acomputer _2rdamedia
338			_aonline resource _2rdacarrier
490	1		_aContemporary Studies in Corporate Law.
505	0		_a1. Introduction and Theoretical Framework -- 2. Overview of Insolvency and Restructuring Law and Policy in Mainland China, India, Hong Kong and Singapore -- 3. Agency Costs of Manager-Creditor and Shareholder-Creditor Relationships -- 4. Agency Costs of Creditor-Creditor Relationships -- 5. Non-Performing Loans and Non-Bankruptcy Rules -- 6. Role of the Insolvency Practitioner in Restructurings: Strengths and Limitations -- 7. Role of the Courts in Restructurings: Strengths and Limitations -- 8. Reforms to Law and Policy of Restructuring in Asia -- 9. Conclusion
506			_aAbstract freely available; full-text restricted to individual document purchasers.
520			_a"This book provides an in-depth analysis of 4 economically significant Asian jurisdictions: Mainland China, India, Hong Kong and Singapore. These jurisdictions have recently either reformed - or are considering reforming - their corporate restructuring laws to promote regimes conducive to restructuring financially distressed, but otherwise economically viable, companies. Mainland China, India, Hong Kong and Singapore continue to adhere to a framework that requires the court's final approval but draw references from Chapter 11 of the Bankruptcy Code 1978 in the United States and/or the schemes of arrangement in the United Kingdom. However, the institutional and market structures are very different in Asia; in particular, Asia has far higher concentration in shareholdings among listed firms, including holdings by families and the state, and different composition of creditors. The book explains how, notwithstanding the legal transplantation, corporate restructuring laws in these Asian jurisdictions have adapted and evolved due to the frictions in shareholder-creditor and the creditor-creditor relationships, and the role of the state in resolving non-performing loans and financial distress of state-owned enterprises which are listed, or which issue public debt. The study argues that any reforms must go beyond professionalising the insolvency professionals and the judiciary but must be designed to address fundamental issues of corporate governance, bank regulation and enforcing non-bankruptcy rules. It offers invaluable insights for academics and policy makers alike."-- _cProvided by publisher.
532	0		_aCompliant with Level AA of the Web Content Accessibility Guidelines. Content is displayed as HTML full text which can easily be resized or read with assistive technology, with mark-up that allows screen readers and keyboard-only users to navigate easily.
538			_aMode of access: World Wide Web.
650		0	_aCorporate reorganizations _zAsia.
650		0	_aBankruptcy _zAsia.
650		0	_aBusiness failures _xLaw and legislation _zAsia.
655		4	_aElectronic books.
776	0	8	_iPrint version: _z9781509952373
830		0	_aContemporary Studies in Corporate Law
856	4	0	_3Abstract with links to full text _uhttps://doi.org/10.5040/9781509952366?locatt=label:secondary_bloomsburyCollections _qtext/html
975			_aHart Publishing 2022
999			_c10856 _d10856