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Insolvency within Multinational Enterprise Groups, by Irit Mevorach. Oxford: Oxford University Press, 2009, xxviii + 332 + (bibliography + index) 28pp (£75 hardback). ISBN 978-0-19-954472-1.

Published online by Cambridge University Press:  02 January 2018

Stefan Enchelmaier
Stefan Enchelmaier*
Affiliation:
York Law School, University of York
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Abstract

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Type
Book Review
Information
Legal Studies , Volume 30 , Issue 4 , December 2010 , pp. 674 - 678
Copyright
Copyright © Society of Legal Scholars 2010

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References

1. Ralph Steven Janvey (as receiver of Stanford International Bank Ltd) v Peter Nicholas Wastell and Nigel John Hamilton (as liquidators of Stanford International Bank (In the matter of Stanford International Bank Ltd and in the matter of the Cross Border Insolvency Regulations 2006)[2010] EWCA Civ 137, [2010] BPIR 679.

2. Insolvency within Multinational Enterprise Groups, pp 1–5.

3. Ibid, pp 9–101.

4. Ibid, pp 105–147.

5. Ibid, pp 151–332.

6. Ibid, pp. 2, 3.

7. See especially n 52, p 19, and n 4, p 33.

8. Ibid, p 16.

9. Ibid, p 20.

10. Ibid, pp 22ff.

11. Ibid, p 26; the German Konzernrecht, codified in the Stock Corporations Act or Aktiengesetz (AktG) of 1965, is mentioned further on (p 56) but receives rather short shrift (the reasons and their adequacy are immaterial here) and is not taken up again subsequently – unfortunately, as some of its provisions (§ 309 AktG, for instance) might have corroborated some of the author's later findings.

12. Ibid, pp 27–29.

13. Ibid, p 33.

14. Ibid, pp 34–35.

15. Ibid, pp 38–51.

16. Ibid, pp 49ff.

17. Ibid, pp 54–55.

18. Ibid, pp 62 and 65–81.

19. Ibid, pp 81–100.

20. Ibid, p 87.

21. Ibid, pp 89–93.

22. Ibid, pp 94–101.

23. Ibid, p 105.

24. Ibid, pp 107–110.

25. Ibid, pp 110–113.

26. Ibid, p 117; such fairness may require the avoidance of transactions detrimental to the equitable treatment of creditors: p 123.

27. Ibid, p. 128.

28. Ibid, pp 130–135; tabular overview on p 136, and diagrammatical representations on pp 137–146.

29. Ibid, p 151.

30. Ibid, pp 159ff, 189–194; summary at pp 212–215.

31. Ibid, pp 219–224.

32. Ibid, pp 224–227.

33. Ibid, pp 194–205 and again pp 249–254.

34. Ibid, pp 256–259.

35. Ibid, p 284.