International Corporate Recovery Procedures

This is the third edition of “International Corporate Recovery Procedures” produced by KPMG, the purpose of which is to give companies, lenders and advisors a basic understanding of relevant procedures for company restructuring and insolvency around the world. KPMG have revised and updated the overviews of each country to reflect changes in legislation during the four years since the last edition was published. In addition, there are a number of new entries from countries where corporate recovery law has only recently been introduced.;It is clear that in the 21st century, almost all major companies now operate in an international marketplace. The effect of this is that a down-turn in economic prosperity in one region inevitably and rapidly spreads to all others. It is essential that companies, lenders and advisors take a global view and have the tools and information to act accordingly.

Author Biography

International Corporate Recovery Procedures is edited by Mike Wheeler and Roger Oldfield. Mike Wheeler is Global Head of Corporate Recovery for KPMG. He has advised lenders in both complex and high profile cases particularly across Europe, the US, the Middle East and Far East. Roger Oldfield is a senior corporate recovery partner with KPMG in London and is the current president of the Association of Business Recovery Professionals (R3) in the UK. He has been in charge of many major assignments and has extensive first-hand knowledge of multi-jurisdictional and cross border corporate recovery.