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Rescuing companies depends on the operation of Administration Orders and Corporate Voluntary Arrangements. Both procedures were introduced as part of the revised Companies and Insolvency legislation of 1985/86 and were soon put to the test by the downturn in economic conditions and the number of failed businesses. This is a specialist text dealing with current practice and procedure involved in rescuing insolvent companies. It includes relevant comparative material relating to practice in Europe, USA, Australia, Canada and South Africa. The author examines all formal rescue procedures, focusing specifically on the role of banks, financial institutions and insurance companies together with international and cross-border issues.