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The most up-to-date and authoratitive guidance on all aspects of corporate insolvency as the law stands in Scotland. It gives you a full understanding of the principles underpinning the law, as well as the application of it. This fully revised third edition of this established title explores in depth the fundemental principles of corporate insolvency law and the many conceptual and analytical problems posed by the legislation, offering both theoretical and practical solutions. It takes full account of the major developments in case law and legislation since the earlier edition, including the Enterprise Act and the imact of devolution and human rights.