Justus Jansen 
International Cash Pooling 
Cross-border Cash Management Systems and Intra-group Financing

The application of cash management systems has various positive effects on corporate groups. Not only does it enable a corporate group to minimise its expenditure for banking services, but it is also chiefly valued as an important tool to guarantee a filled war chest.

This book
— provides an overview of the legal requirements of a cash pool system in 15 different countries
— enables the reader to get an idea of the chances and risks which will accompany the cash pool system involving the jurisdictions of his choice
— sets out from a company and insolvency law perspective how to assess the legitimacy of necessary up- and downstream loans, questions of capital maintenance and a potential liability for losses
— alerts the reader to crucial requirements, provisions and points, which it is most important to deal with in the chosen configuration for the cash pool system

Readership: Business and bank lawyers, in-house law departments of companies, banks’ legal departments.