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Thesis

Debt subordination in corporate liquidation

Abstract:

This work examines the validity and effectiveness of certain subordination techniques of unsecured debt in corporate liquidation under English law. In practice, the validity and effectiveness of debt subordination is only relevant when either the debtor or the subordinated creditor is, or is threatening to become, insolvent. The focus in the work is on contractual and turnover subordination.

It is proposed that the general picture of debt subordination becomes clearer when we exami...

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Division:
SSD
Department:
Law
Role:
Author

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Role:
Supervisor
Type of award:
M.St.
Level of award:
Masters
Awarding institution:
University of Oxford

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