The German Act to Develop Restructuring and Insolvency Law (SanInsFoG) and the provisions it contains on corporate stabilization and restructuring will revolutionize the recovery process for companies and relevant stakeholders. This, of course, will have an impact on creditors like banks and suppliers. This volume takes into account the essential innovations of this act and is also a valuable planning aid in practice.

Wolfgang Portisch, University of Applied Sciences Emden/Leer; Friedrich L. Cranshaw, Germany.