Executory Contracts in Insolvency Law offers a unique and wide-ranging transnational study of the treatment of ongoing contracts when one of the parties becomes insolvent. This second edition not only updates existing material, but also extends the analysis to key developing economies and restructuring hubs. Written by experts with extensive practical and scholarly knowledge in the field, this is a cutting-edge investigation into the philosophies and rationales behind the different policy choices adopted by more than 30 jurisdictions across the globe.

Key Features:







Contributions from more than 40 insolvency law experts


Exploration of ipso facto clauses and procedural issues


Consideration of the economic impact of the COVID-19 pandemic


Targeted footnote references, including non-English sources, for further reading


Rigorous coverage of recent developments and reforms and discussion of the procedural challenges they present


Incisive analysis of insolvency law in a broad range of countries, including those with emerging economies and with hybrid systems of law


Substantially revised material, including wholly rewritten chapters on Germany and Singapore and a brand new chapter on South Korea



Providing a globalised and comparative perspective on executory contracts in insolvency law, this book will be an invaluable tool for legal practitioners requiring a cross-border perspective on the subject as well as academics and researchers in the field. Policy makers and institutions seeking to introduce insolvency law reforms in their home countries can draw from the comparative nature of the book to devise better, more effective reforms.