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Corporate Restructuring Law in Flux

Edited by: Jennifer Payne, Kristin van Zwieten

ISBN13: 9781509978380
To be Published: July 2025
Publisher: Hart Publishing
Country of Publication: UK
Format: Hardback
Price: £100.00



This book is the first to analyse recent developments in English corporate restructuring law, exploring questions around the design of domestic restructuring laws and their application in cross-border cases from a range of comparative and theoretical perspectives.

Some chapters focus on an important granular question in the design of domestic restructuring rules, using insights from experiences in other jurisdictions and from theoretical literature to evaluate the new English position. Other chapters consider the changes to English law at a more 'macro' level, drawing on comparative and theoretical insights. A final set of chapters consider thorny questions raised more generally by restructuring law reform efforts over the past decade, both in England and abroad.

By drawing on experiences in other jurisdictions, and insights from theory, the book casts new light on developments in English law, and in this way informs both avenues for future research and future policymaking. These implications are brought out in an introductory chapter that contextualises the analysis that follows, introducing the landmark English reforms, anticipates its key themes, and articulates the implications for policymakers and future research.

Subjects:
Commercial Law, Company Law
Contents:
1. Introduction
Jennifer Payne (University of Oxford, UK) and Kristin van Zwieten (University of Oxford, UK)
2. Cross-class Cramdown in Medium Sized Restructurings
Riz Mokal (University of Aberdeen, UK), Irit Mevorach (University of Warwick, UK), Stephan Madaus (Martin Luther University Halle-Wittenberg, Germany), Ignacio Tirado (UNIDROIT, Italy)
3. The UK Restructuring Plan in the New European Context
Gabrielle Ruiz (Clifford Chance, UK) and Philip Hertz (Clifford Chance, UK)
4. Unexpired Leases in a Restructuring Procedure
Sarah Paterson (London School of Economics, UK) and Adrian Walters (Chicago-Kent College of Law, USA)
5. Freestanding Moratoria
Natalie Mrockova (University of Oxford, UK)
6. Corporate Restructuring and Directorial Responsibility
Felix Steffek (University of Cambridge, UK)
7. Rules of Priority in Restructuring Procedures
Kristin van Zwieten (University of Oxford, UK) and Sjur Swensen Ellingsaeter (BI Norwegian Business School, Norway)
8. Rights in rem in the Restructuring Context
Edward Janger (Brooklyn Law School, USA)
9. Legal Transports in Restructuring Law Reform
Winnie Tarinyeba (Makerere University, Uganda)
10. Jurisdiction after the 'Resolution Revolution'
Jay Westbrook (University of Texas, USA)
11. Recognition in Cross-border Restructurings
Reinhard Bork (University of Hamburg, Germany)
12. The Lure of the English Scheme: Forum Selection from the US to England
Anthony Casey (University of Chicago, USA)