Commencement of Insolvency Proceedings

This is the first volume in the new Oxford International and Comparative Insolvency Law Series. The series will provide a comparative analysis of all important aspects of insolvency proceedings and domestic insolvency laws in the main economically developed and emerging countries, starting with the opening of proceedings.

This volume addresses the commencement of insolvency proceedings over business debtors and the conditions in which they may arise. It explains the types of proceedings available and the participants involved. The book also analyzes the effect of such action on the various players, assets and liabilities concerned.

The detail and uniform nature of the treatment of topics helps practitioners to understand specific features of a foreign legal system and effectively brief foreign counsel. For all readers, the book provides access, through analysis in the detailed commentary, to materials that were previously only available in a foreign language. Most major legal families (including various mixed legal systems) are covered to reflect the needs of the international insolvency community and intergovernmental organizations.

This is the only book that offers a thorough comparative analysis of existing domestic insolvency laws concerning the opening of insolvency proceedings in the main economically developed and emerging countries.

Edited by Prof. Dennis Faber, Radboud University Nijmegen / Clifford Chance LLP, Mr. Niels Vermunt, Radboud University Nijmegen / Linklaters LLP, Prof. Jason Kilborn, Radboud University Nijmegen / John Marshall Law School (Chicago) and Prof. Tomi??s Richter, Radboud University Nijmegen / Clifford Chance LLP / Charles University Prague
Dennis Faber is Professor of private and commercial law at the Business & Law Research Centre of the Radboud University Nijmegen, The Netherlands, and member of its Executive Board. He is senior adviser with Clifford Chance LLP, Amsterdam Office, and justice at The Hague Court of Appeal. Prof. Faber is co-editor of the Oxford International and Comparative Insolvency Law Series.

Niels Vermunt is a senior researcher and lecturer in the field of private and commercial law at the Business & Law Research Centre of the Radboud University Nijmegen, The Netherlands, and secretary of its Executive Board. He is also adviser with Linklaters LLP, Amsterdam Office (Banking & Capital Markets Department). Niels Vermunt is co-editor of the Oxford International and Comparative Insolvency Law Series.

Jason Kilborn is Professor of Law at John Marshall Law School (Chicago) and Professor of International and Comparative Insolvency Law at the Business & Law Research Centre of the Radboud University Nijmegen, The Netherlands. He chairs the World Bank drafting group on the treatment of insolvency of natural persons and is a member of the World Bank working group on insolvency.

Tomi??s Richter is Of Counsel in the Prague office of Clifford Chance LLP and is Professor of Cross-border Corporate Insolvency Law at the Business & Law Research Centre of the Radboud University Nijmegen, The Netherlands. He also teaches at the Institute of Economic Studies, Faculty of Social Sciences, Charles University Prague.