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Lightman and Moss is widely accepted as an authoritative statement of the law relating to receivers and administrators, and as such is a must for any practitioner dealing with corporate insolvency matters. The fourth edition continues to explain clearly the principles, legislation and case law shaping receivership practice and highlights recent developments in this area.
Since the last edition published in November 2000, the law of insolvency has undergone the most fundamental change since the Insolvency Act 1986, with the introduction of the Insolvency Act 2000, Enterprise Act 2002 and EC Regulation on Insolvency Proceedings 2000. This new regime has effectively abolished administrative receivership and introduced a new streamlined administration process. This edition steers practitioners through the new regime and examines the growing body of case law generated under it.