Publisher's Synopsis
As the global economy becomes more integrated, an economic downturn in one country will have an impact on companies in many others. The authors of this book show how essential it is for companies, lenders and advisers to take a global view. As the rapid emergence of new countries has led to a proliferation of new legislation, it is encouraging to note that legislators are recogniosing the need to introduce procedures for trying to save or rehabilitate ailing businesses, rather than merely providing a framework for their liquidation. This second edition gives an overview of insolvency in 130 countries.
