Principles of International Insolvency 3rd ed: Volume 1

The Law and Practice of International Finance series is your definitive guide to international finance. It considers the full range of topics across nine volumes, setting out the law and practice of trading assets on the international markets. This essential work, by one of the leading finance specialists of a generation, provides a simple, unified and distilled account of the whole topic.

This book covers the essential principles of international insolvency from a practical perspective, providing the reader with an in-depth explanation of the core concepts underlying insolvency law and practice. It sits beside volume 2 of the series, which provides a comparative overview of over 300 jurisdictions.

Philip Wood is one of the leading authorities on international finance worldwide, as well as a practitioner and teacher. He was a partner in international law firm Allen & Overy until his retirement in 2018, and for ten years was head of the banking department. Subsequently he led the firm’s Global Law Intelligence Unit. Philip is the Yorke Distinguished Visiting Fellow at the University of Cambridge, and has previously been Visiting Professor in International Financial Law at the University of Oxford, Queen Mary University of London, and the London School of Economics. He has lectured at more than 60 universities worldwide and has written more than 20 books.

Key features:

• Covers the essentials of international insolvency from a practical perspective
• Advance study of substantive bankruptcy law in the major jurisdiction in the world, in the context of international financial transactions
• Topics covered include:
• Private restructuring agreements and workouts
• Liquidations
• Liabilities of Corporate Directors and Lenders
• Voidable Preferences
• Priorities
• Trusts and Custodianship
• Impact of Insolvency on Contracts and Leases
• Bank and State insolvencies