The application of cash management systems has various positive effects on corporate groups. Not only does it enable a corporate group to minimize its expenditure for banking services, but mainly it is an important tool to guarantee for a filled war chest. This book provides an overview of the legal requirements of the cash pool system in 15 different countries. It will enable the reader to get an idea of the chances and risks which will accompany the cash pool system involving the jurisdictions of choice. From a company law and insolvency law perspective, the book reflects how to assess the legitimacy of necessary up- and downstream loans, questions of capital maintenance, and a potential liability for losses. It also alerts the reader to the crucial requirements, provisions, and points which are most important to deal with in the chosen configuration for the cash pool system.
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Book Description sellier. european law publishers, 2011. Paperback. Book Condition: New. Bookseller Inventory # DADAX3866531923