This book analyses corporate rescue laws, processes and policies prescribed in
corporate insolvency or bankruptcy laws, and employment laws of the UK and
the US, with a particular focus on how extant employee rights are treated when
a debtor employer initiates corporate insolvency proceedings.
The commencement of formal insolvency proceedings by an employer affects
employees- rights and interests. Employment laws seek to protect employees- rights
and interests, while insolvency laws seek to promote corporate rescue, which may
entail workforce changes. Consequently, this creates a tension between whose
interest insolvency law should give primacy of protection. The book analyses how
corporate rescue processes such as administration, pre-pack business sales, company
voluntary arrangements, receivership and liquidation impact employee rights
and protection during corporate rescue proceedings in both jurisdict
