It is primarily to corporate rescue procedures and reforms adopted at the
domestic level that this book is devoted. Individual chapters—each written by
an expert or team of experts from the country under scrutiny—consider recent
developments and prospects for the future in:
• China
• Cyprus
• England and Wales
• France
• Germany
• Greece
• Hong Kong
• Hungary
• Italy
• New Zealand
• Poland
• South Africa
• Spain
• and the United States.
These countries were chosen because they reflect different stages of
development in corporate rescue laws. Some have mature systems in their second
or third stages of revision; some have relatively antiquated systems that have
been inherited from, or modelled on, the laws of another jurisdiction; and
some are transitional economies where the concept of corporate rescue is
comparatively new. A final chapter covers important issues stemming from
conflict of laws and supranational models and guidelines.