Practice area · 3 editions

Restructuring & Insolvency

How a company that cannot pay its debts is rescued by agreement with its creditors, and what the court does when one of them says no.

In a restructuring seat, a junior collects the creditors' signatures, drafts parts of the court papers, checks the figures and follows the vote.

This edition follows one fictional rescue: a cold-storage group cannot repay its bond, and you act for the company. Titles on insolvency itself are still being written.

Where to start

  1. Restructuring Plans: Rescuing a Company That Cannot Repay Its Bond — Start here: one rescue, from the first deal with the creditors to the day the plan takes effect, with the full Explanatory Statement.
  2. Debt Capital Markets: A Company's First Bond, Listed on Euronext Dublin — Then the bond behind it: how the same company first borrowed from investors, with the complete prospectus.
  3. Security & Collateral: Taking Security under English Law — Then the lender's side: how a bank takes security over a company's assets, and what it can do if the company fails.
Free until 31 January

Restructuring Plans: Rescuing a Company That Cannot Repay Its Bond

A cold-storage group that cannot repay its bond rewrites its debts with the court's help. You act for the company.

How a company that cannot repay its bond is rescued, taught through one explanatory statement, part by part. Compact: ten chapters, with the full Explanatory Statement attached.

10 chapters · 110 questions · the full Explanatory Statement
Free until 31 January

Debt Capital Markets: A Company's First Bond, Listed on Euronext Dublin

A family-owned cold-storage group issues its first bond and lists it in Dublin. You act for the company.

How a company borrows from investors with its first bond, taught through one prospectus, clause by clause. Compact: ten chapters, with the full Prospectus attached.

10 chapters · 110 questions · the full Prospectus
Free until 31 January

Security & Collateral: Taking Security under English Law

To lend to a family engineering firm, a bank takes security over nearly everything the firm owns. You act for the bank.

How a bank takes security over a company's land, machines, shares, receivables and insurances — fixed and floating charges, registration, the guarantor and enforcement. Compact: ten chapters built on one fictional secured loan, with the full training debenture attached.

10 chapters · 110 questions · full training debenture

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