The Art of the Ad Hoc - Edition 2

With changes in credit markets, traditional steering committees, now seen as too slow and unwieldy, have fallen from favour in restructurings. Enter the ad hoc committee. They take less time to set up, are more flexible and can achieve better results. To quote our introduction, ‘ad hoc committees now rule the restructuring world’.

Understanding the rules that govern such committees and their inner workings is therefore essential. The Art of the Ad Hoc has all the answers. In plain English, it provides a comprehensive guide on how to work successfully with these committees, an activity that Judge James M Peck says in the introduction is rightly described as ‘an art’.

The Art of the Ad Hoc draws on the collective wisdom and real-life experiences of 32 distinguished practitioners from 14 different firms to cover every angle and perspective – particularly those of committee members and debtors. It is an essential desktop reference work.

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