International Insolvency Law ― Themes and Perspectives

On the flip side of global development and success in business is the specter of insolvency, an inevitable part of competition for innovative products and new markets. This newly-established branch of study owes its growth to the rise of cross-border and cross-jurisdictional corporations, and here the contributors of these 14 articles explain the progress so far on central issues and instruments, including the influence of and interference by other branches of law. They address general principles of insolvency law, including the culture of bankruptcy, the influence of private international law, and the economics of corporate insolvency; the concepts of rescue and the fresh start, including the timing of rescue, a comparison of US and Australian practice, and the benchmarking of consumer bankruptcy law systems; international initiatives, including coming to terms with European regulation and issues of dominance, finance and security issues, and innovations. Annotation c2008 Book News, Inc., Portland, OR (booknews.com)

Paul Omar is a Barrister and Senior Lecturer in Law at the University of Sussex, UK.