By John Armour, Howard Bennett
This booklet examines powers and treatments to be had to a liquidator or administrator that render "vulnerable" the company's previous contractual commitments or proprietary tendencies with a purpose to increase the asset pool to be had to collectors. within the technique, the publication does issues. First, it bargains complete bills of the proper factors of motion: undervalued transactions, personal tastes, overdue floating fees, unregistered fees, transactions defrauding collectors, gratuitous company transactions and post-petition tendencies in liquidation. Secondly, it seeks to elevate matters in regards to the context and function of those explanations of motion, a lot of that have now not but been absolutely explored within the case legislations or educational literature. those are thought of via a dialogue in their dating to the pari passu precept, a restitutionary research of the remedial provisions, and concerns bobbing up in particular in cross-border and overseas insolvency court cases.