Cash Pooling and Insolvency

Cash Pooling and Insolvency

‘Cash is king’ – and, presumably, will remain king for a long time to come. This viewpoint is even more relevant since the 2008 international financial crisis. Banks are still hesitant to provide credit lines to companies, whether national or cross-border. High interest rates are charged on debt but hardly any interest is paid on credit amounts. More than ever before, companies need to limit both debit and credit amounts. Pooling cash within a corporate group… (more)

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Book Details  

Publisher: Globe Law & Business (September 01, 2016)

Page count: 526 pages

Language: English

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