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The long-awaited new edition of Picarda's acclaimed text on insolvency law will be a must-have for every insolvency lawyer and practitioner. Hailed as the most thorough work available in the area, it is an intensely practical work and has been cited in court.
The text and appendices have been thoroughly revised to take account of the major case law and rules that have occurred since the publication of the last edition in 1990, including commentary on the litigation under BCCI, Barings and the Maxwell case. Picarda also has a strong international dimension, particularly with reference to judicial decisions in Australia and Asia which often offer illumination on the difficult issues in insolvency and have an influence on the outcome of UK decisions.