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  3. Corporate Insolvency Law
  • Cited by 40
      • 2nd edition
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    • Publisher:
      Cambridge University Press
      Publication date:
      05 June 2012
      28 May 2009
      ISBN:
      9781139175395
      DOI:
      https://doi.org/10.1017/CBO9781139175395
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      • Subjects:
      Corporate Law, Law, Private Law
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    Subjects:
    Corporate Law, Law, Private Law
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    Book description

    The first edition of Corporate Insolvency Law proposed a fundamentally revised concept of insolvency law, intended to serve corporate as well as broader social ends. This second edition takes on board a host of changes that have subsequently reshaped insolvency law and practice, notably the consolidation of the rescue culture in the UK, the rise of the pre-packaged administration and the substantial replacement of administrative receivership with administration. It also considers the implications of recent and dramatic changes in the provision and trading of credit, the movement of an increasing amount of 'insolvency work' to the pre-formal insolvency stage of corporate affairs and the arrival, on the insolvency scene, of a new cadre of specialists in corporate turnaround. Looking to the future, Vanessa Finch argues that changes of approach are needed if insolvency law is to develop with coherence and purpose, and she offers a framework for such an approach.

    Reviews

    '… this is a valuable addition to the specialist library. … the author is to be congratulated for the sheer amount of work and scholarship that she has put into this book, which should not be off the shelves of any serious student of the subject.'

    Source: International Company and Commercial Law Review

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