Description - Insolvency and the Law of Offshore Trusts by James Corbett QC
This timely and unique book examines the topical subject of insolvency and the law of offshore trusts and is the first book to be dedicated solely to this topic. Publication is particularly timely due to the sudden changes in asset values going on around the world and the growth in interest in cross border insolvency. Offshore trusts typically contain assets which do or are likely to fall into the categories of assets affected. The standards of trust
administration are variable and, coupled with cash shortages and predicted interest rate rises, there is a very real risk that a significant number of trusts will become insolvent. Insolvency and The Law of
Offshore Trusts is a useful practical guide to the known law (such as it is) and to the rules likely to be applied where there is no developed body of law. It also gives guidance as to how insolvency might be avoided in the first place.
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