The book provides an analytical exposition of the law concerning directors’ liability for the losses sustained by their companies’ creditors, when the direc

Investigates mechanisms in English and German law that protect creditors against the abuse of limited liability by directors and shareholders.

This timely work is the first to comprehensively examine directors' responsibilities to creditors in times of financial strife, as well as addressing when these

Private equity-backed leveraged buyout (LBO) and leveraged recapitalisation practices have been on the rise since the early 1970s when the LBO model was first i