University of Surrey

Test tubes in the lab Research in the ATI Dance Research

Compensating defrauded shareholders in insolvency: is parity the answer?

Mamutse, Blanca (2011) Compensating defrauded shareholders in insolvency: is parity the answer? Northern Ireland Legal Quarterly, 62 (1). pp. 75-98.

[img]
Preview
PDF
NILQ_62_1_4_MAMUTSE.pdf - Published Version

Download (203kB)

Abstract

This paper studies recent developments in Australian and US law permitting compensation for defrauded investors. For insolvent companies, these developments have drawn attention to the possibility of investor claims being satisfied on parity with the claims of ordinary unsecured creditors. This paper proposes that such a shift may be justified on the basis of a modern perspective of the principles underpinning corporate law. However, account must also be taken of the more practical implications which may hinder a widespread acceptance of parity.

Item Type: Article
Additional Information: Reproduced with the publisher's permission.
Divisions: Faculty of Business, Economics and Law > Law
Depositing User: Christina Daoutis
Date Deposited: 25 Mar 2011 14:41
Last Modified: 23 Sep 2013 18:40
URI: http://epubs.surrey.ac.uk/id/eprint/2810

Actions (login required)

View Item View Item

Downloads

Downloads per month over past year


Information about this web site

© The University of Surrey, Guildford, Surrey, GU2 7XH, United Kingdom.
+44 (0)1483 300800