- Dr Sandra Frisby: 'pure rescue' and 'recycling rescue'
- Professor Riz Mokal: the 'authentic consent model'
- Professor Vanessa Finch: 'ex ante' and 'pre-insolvency' approaches to corporate rescue and 'passe pari passu'
- Sir Kenneth Cork: 'rescue culture' and the plethora of new procedures (and associated terms) that his famous committee coined, i.e. CVAs, IVAs, administration, wrongful trading, fraudulent trading, 10% fund, etc.
- Your faithful correspondent (JP Tribe): 'consensual restructuring' and 'Finchian ex ante' restructuring, 'Corkian objectives' and 'Bankruptcy-lite'
- Professor Elizabeth Warren: insolvency pluralism or stakeholder insolvency.
- Professor Thomas Jackson: strict creditor based approaches to insolvency.
Insolvency ideas: Pure rescue, recycling rescue, authentic consent model, PIP, MIP, DIP, consensual restructuring, etc
Some disciplines have a relatively easy time coming up with new ideas and discoveries. Evolutionary biologists have new creatures virtually handed to them on a fossil plate. Professors of physics devolving into the smallest parts of our Universe are able to push the boundaries of knowledge on what seems like a fairly regular basis. Nobel laureates abound in these respective fields. Even Tony Stark came up with a new element with relative ease.
"BPIR is an excellent series, of interest to both corporate and personal insolvency lawyers,...