Review of Corporate Insolvency Law: Perspectives and Principles, Vanessa Finch

Abstract

In the Introduction to Corporate Insolvency Law, Vanessa Finch states that her book “sets out to offer a critical appraisal of modern corporate insolvency law rather than a description of existing statutory rules and case law on the subject.” Her aims are threefold: to outline the law on corporate insolvency and the procedures and enforcement mechanisms used in giving effect to that law, to set out a theoretical framework for corporate insolvency law that will establish benchmarks for evaluating that law and any proposed reforms, and to consider whether any new approaches to insolvency institutions and rules are called for. These are ambitious aims, which Finch ably achieves. The book is a good resource for insolvency practitioners and company lawyers, insolvency policy makers, and teachers and students in common law jurisdictions. In the United Kingdom, Corporate Insolvency Law could be used as a stand alone text for teaching a corporate insolvency law course. Elsewhere it could be used as a companion volume to accompany the local insolvency materials.