, hereafter identified as Keay's text, and Directors' Duties During Insolvency by Allens Arthur Robinson, hereafter identified as … considered an insolvency practitioner's guide. However, both texts contain elements of interest for academics and insolvency …

In the field of corporate insolvency law, European Union legislation has aimed to promote the availability and success … restructuring and insolvency, which contains provisions that specifically focus on early restructuring actions, as soon as there is … a likelihood of insolvency. When a company is in the pre-insolvency situation, directors must react to the relevant …

This paper investigates the relation between insider trading and the likelihood of insolvency with a specific focus on … the directors' sale and purchase transactions preceding insolvency. We use a unique dataset on directors' dealings in 474 … non-financial UK firms, of which 117 filed for insolvency, over the period 2000-2010. We show that the directors of …