Corporate Restructuring Law in Flux published

Hart has published Corporate Restructuring Law in Flux, edited by Jennifer Payne and Kristin van Zwieten.

This book analyses recent developments in English corporate restructuring law from a range of comparative and theoretical perspectives, exploring some of the most difficult aspects of the design of domestic restructuring laws and their application in cross-border cases. 

The author team draw on their expertise in a wide range of jurisdictions to reflect critically on choices made in the Corporate Insolvency and Governance Act 2020 (UK) and on aspects of restructuring laws and restructuring law reform initiatives elsewhere, including in the EU, the US, and in various jurisdictions in Africa.

The book has the following chapters, prefaced by a foreword by Jay Lawrence Westbrook (University of Texas):

1. Introduction, Jennifer Payne (University of Oxford) and Kristin van Zwieten (University of Oxford) 

2. The UK Restructuring Plan in the New European Context, Gabrielle Ruiz (Clifford Chance) and Philip Hertz (Clifford Chance) 

3. Rules of Priority in Restructuring Procedures, Kristin van Zwieten (University of Oxford) and Sjur Swensen Ellingsæter (BI Norwegian Business School) 

4. The Cramdown: A Conceptual Framework, Riz Mokal (University of Aberdeen), Irit Mevorach (University of Warwick), Stephan Madaus (Martin Luther University Halle-Wittenberg), and Ignacio Tirado (UNIDROIT) 

5. Unexpired Leases in a Restructuring Procedure, Sarah Paterson (London School of Economics) and Adrian Walters (Chicago-Kent College of Law) 

6. Floating Charge Envy, Edward Janger (Brooklyn Law School) 

7. Commencing Corporate Insolvency Proceedings at the Right Time: Directorial Responsibility in Financial Distress, Felix Steffek (University of Cambridge) 

8. Freestanding Moratorium: Successes and Failures, Natalie Mrockova (University of Oxford) 

9. Restructuring Reforms in Africa and the Problem of ‘Misfitted’ Transplants, Winifred Tarinyeba Kiryabwire (Makerere University) 

10. Recognition in Cross-border Restructurings, Reinhard Bork (University of Hamburg) 

11. The Lure of English Proceedings: Forum Selection from the United States to England, Anthony J Casey (University of Chicago)

The book is part of a Commercial Law Centre project, and linked to two events that were generously supported by the Oxford Law Faculty.

A flyer including a discount code is available here.