Book contents
- Schemes of Arrangement
- Schemes of Arrangement
- Copyright page
- Contents
- Foreword to the first edition
- Foreword to the second edition
- Preface and acknowledgements
- Table of cases
- Table of legislation
- Abbreviations
- 1 Introduction
- 2 The mechanics of a scheme of arrangement
- 3 Member schemes of arrangement: takeover schemes
- 4 Member schemes of arrangement: other examples
- 5 Creditor schemes of arrangement: debt restructuring
- 6 Creditor schemes of arrangement: other examples
- 7 Cross-border issues
- 8 Conclusion
- Index
2 - The mechanics of a scheme of arrangement
Published online by Cambridge University Press: 16 December 2021
Book contents
- Schemes of Arrangement
- Schemes of Arrangement
- Copyright page
- Contents
- Foreword to the first edition
- Foreword to the second edition
- Preface and acknowledgements
- Table of cases
- Table of legislation
- Abbreviations
- 1 Introduction
- 2 The mechanics of a scheme of arrangement
- 3 Member schemes of arrangement: takeover schemes
- 4 Member schemes of arrangement: other examples
- 5 Creditor schemes of arrangement: debt restructuring
- 6 Creditor schemes of arrangement: other examples
- 7 Cross-border issues
- 8 Conclusion
- Index
Summary
This chapter analyses in detail the stages that need to be followed in order for a scheme to be successful; these stages are relevant to all schemes of arrangement. The chapter examines a number of issues of general importance including the role of the courts in schemes at the various stages, the question of who needs to approve the scheme, the issue of class composition, and the issue of minority protection. These issues recur in more specific contexts later in the book. This chapter debates areas of difficulty at length and analyses areas of potential reform.
Keywords
- Type
- Chapter
- Information
- Schemes of ArrangementTheory, Structure and Operation, pp. 19 - 101Publisher: Cambridge University PressPrint publication year: 2021