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  • Cited by 17
  • Vanessa Finch, London School of Economics and Political Science
Publisher:
Cambridge University Press
Online publication date:
June 2012
Print publication year:
2002
Online ISBN:
9781139164283

Book description

Vanessa Finch provides an interesting look at corporate insolvency laws and processes. She adopts an interdisciplinary approach to place two questions at the centre of her discussion. Are current UK laws and procedures efficient, expert, accountable and fair? Are fundamentally different conceptions of insolvency law needed for it to develop in a way that serves corporate and broader social ends? Topics considered in this wide-ranging book include different ways of financing companies, causes of corporate failure and prospects for designing rescue-friendly processes. Also examined are alternative asset distribution of failed companies, allocations of insolvency risks and effects of insolvency on a company's directors and employees. Finch argues that changes of approach are needed if insolvency law is to develop with coherence and purpose. This book will appeal to academics and students at advanced undergraduate and graduate level, and to legal practitioners throughout the common law world.

Reviews

‘… this excellent new book by Vanessa Finch … [is] a welcome addition to more procedural texts.’

Source: Insolvency Lawyer

‘Space does not allow the thorough exposition that this excellent new book by Vanessa Finch deserves. By discussing English corporate insolvency law policy and theory thoroughly in addition to the mechanics of our corporate insolvency system, Finch shows why we must consider insolvency law theory and policy in conjunction with the statutory and case law regime if we are going to develop a coherent insolvency system … Finch’s book is a must for those wanting to look further than the substantive provisions of corporate insolvency law.’

Source: Insolvency Lawyer

‘This book is the product of a prodigious amount of conscientious and dedicated work.’

Source: Journal of Corporate Law Studies

'The book is a good resource for insolvency practitioners and company lawyers, insolvency policy makers, and teachers and students in common law jurisdictions … Finch's provocative and comprehensive insolvency text is a welcome addition to the corporate insolvency law literature.'

Source: Hong Kong Law Journal

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