Insolvency as a balance sheet concept

Rolef de Weijs and Joost de Vries discuss elements of their book Corporate Finance for Lawyers: Understanding the Power Balance Between Shareholders, Secured Lenders and Unsecured Creditors. In this video they cover insolvency as a balance sheet concept.
Corporate Finance for Lawyers explores the intricate relationship between law and corporate finance. Utilising the ‘Financial Mindmap’ throughout, chapters depict financial concepts by using colours and visualisations in a clear and intuitive manner.
The book provides an introduction into the basic building blocks of corporate finance, including Enterprise Value, Equity Value and Net Debt, and the dominant company valuation methods of EBITDA-multiples and Discounted Cash Flow. The book further explains finance patterns from both a finance and a legal perspective, most notably the use of non-interest bearing, secured credit, shareholder loans and guarantees, ending with reorganisation procedures.
Corporate Finance for Lawyers is available on the Edward Elgar Publishing website: www.e-elgar.co...