• Sign In
  • Help
  • My Basket0
Bondholders' Rights (Hardback)
  • Bondholders' Rights (Hardback)
zoom

Bondholders' Rights (Hardback)

(author)
£93.99
Hardback 152 Pages / Published: 01/09/2005
  • We can order this

Usually despatched within 3 weeks

  • This item has been added to your basket

Check Marketplace availability

Australian companies are increasingly turning to corporate bonds for major capital raisings. This book, recognising that companies may sacrifice the interests of bondholders to achieve the best results for their shareholders, analyses the rights and remedies bondholders have against that occurring. Jackson Taylor shows how bondholders are affected by event risk and explains the major types of contractual covenants that are used to protect against it. The analysis notes the different practices often employed in the retail and institutional bond markets and the effect of conversion rights and the presence of senior bank lending. The effectiveness of these covenants in restraining prejudicial corporate conduct is considered in light of the remedies available under Australian law. The book then provides a comprehensive survey of the protection available under the general law for the large numbers of bondholders who lack adequate, or any, covenant protection. This reviews both well established legal rules (for example capital maintenance requirements and directors duties) and considers more innovative applications of regulation and doctrine (such as just and equitable winding-up and other Corporations Act remedies). In each case the focus is on the special circumstances applicable to the corporate bond context, illustrated with reference to American bondholder litigation and suggestions for how Australian law might resolve things differently.

Publisher: Federation Press
ISBN: 9781862875746
Number of pages: 152
Weight: 342 g

You may also be interested in...

I Let Him Go
Added to basket
£16.99   £12.99
Hardback
Citadel
Added to basket
£7.99
Paperback
I Let Him Go
Added to basket
£8.99
Paperback
Law Express: Contract Law
Added to basket
Life in the UK Test: Handbook 2018
Added to basket
The Innocent Man
Added to basket
£8.99
Paperback
In Your Defence
Added to basket
£14.99
Hardback
East West Street
Added to basket
£9.99
Paperback
The Secret Barrister
Added to basket
£16.99   £13.99
Hardback
Life in the UK Test: Study Guide & CD ROM 2018
Added to basket

Reviews

Please sign in to write a review

Your review has been submitted successfully.