The Small Companies Administrative Rescue Process (SCARP) scheme was introduced in Ireland in 2021 to help companies that are viable yet insolvent. It was developed for small and micro companies and is part of a wider range of corporate rescue schemes examined in detail in this new book. Corporate Restructuring in Ireland deals with all of the schemes available to insolvent companies under Part 9 of the Companies Act 2014 in a comprehensive and practical manner. It deals with all relevant legislation and case law, including:
Re Antigen Holdings;
Re SIAC Construction Ltd;
Re Traffic Group;
Re Mallinckrodt; and
Re Nordic Aviation Capital DAC.
Part 4 of the book deals with cross-border mergers, which have taken on new significance since Brexit.
This title will be included in Bloomsbury's Irish Company and Commercial Law online service.
Part 1 – Examinership
Chapter 1: Eligibility and Appointment of Examiner
Chapter 2: The Powers of the Examiner
Chapter 3: Impact of Appointment on Creditors
Chapter 4: The Examiner’s Report and Proposals for Scheme of Arrangement
Chapter 5: Examiner’s Remuneration and Costs
Part 2 – SCARP
Chapter 6: Eligibility of Companies and Appointment of the Process Advisor
Chapter 7: The Formulation and Consideration of the Rescue Plan
Chapter 8: Objections to Rescue Plan
Chapter 9: Liability of Third Parties for Company Debts
Chapter 10: The Conclusion of the Rescue Process
Chapter 11: Oversight of Rescue Process and Remuneration
Part 3 – Schemes of Arrangement
Chapter 12: Purpose of Scheme
Chapter 13: Initiating the Scheme
Chapter 14: Judicial Sanction
Chapter 15: Mergers
Chapter 16: Divisions
Part 4 – Cross-Border Mergers
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