In his new book, Dr. Kokorin helps us navigate the complex legal and financial issues arising in a situation of insolvency within a corporate group. By providing practical insights and a rigorous academic analysis from a comparative perspective that considers various contexts and institutional environments, this book promises to be an essential reading for academics, regulators, judges, and practitioners from any jurisdiction. -- Aurelio Gurrea-Martķnez, Singapore Management University This book provides a compelling and insightful analysis of key aspects related to enterprise groups in restructuring and insolvency, focusing on modern trends and financial arrangements that create complex conflicts between legal principles and economic realities. Despite the subject's complexity, Kokorin presents it with clarity and precision, making this a valuable and timely contribution to the field. -- Irit Mevorach, University of Warwick, UK Most businesses are organized as corporate groups with group-based financing, but insolvency law treats each group member separately. Intra-Group Financing and Enterprise Group Insolvency tackles the problem of how to restructure the entire group with an engaging and comprehensive comparative analysis of Dutch, English and American approaches. -- G. Ray Warner, St. John's University, USA Lawyers learn that companies exist as separate legal entities. However, they often operate as part of larger corporate groups with unique organisational, financial and operational dynamics. Intra-group financing lies at the core of Dr. Kokorins analysis. This book masterfully blends theoretical depth with practical insights. Kokorin offers a clear and thorough examination of intra-group financial arrangements (e.g. group guarantees, shareholder loans, cash pooling) in the context of insolvency and restructuring. He follows a unique approach. Drawing on case law and legislative frameworks from the US, the UK, and the Netherlands, the book not only unpacks the complexities of these financial arrangements but also provides valuable, well-reasoned solutions to improve the administration of group insolvencies and to preserve and maximise enterprise value. -- Bob Wessels, Professor Emeritus of International Insolvency Law, Leiden University, the Netherlands
