German insolvency law has changed significantly in the past decade. This article-by-article commentary includes the consolidated and complete German insolvency law in English language. It provides answers to all practice-oriented questions concerning German insolvency and restructuring law. This book is a working aid for lawyers and restructuring experts dealing with German insolvency and restructuring law in English, as well as all insolvency and restructuring professionals who wish to use a reliable source in English. In addition to this, it acts as a useful help for decision makers or investors who want to get information about risks and their courses of action. The second edition comments concisely on the current statute and on focus areas in cross-border situations. Seven country reports on the legal framework for restructuring and insolvency in France, Italy, the Netherlands, Poland, the UK, the US and Japan are included. They are accompanied by glossaries with specialist terms from insolvency law and the relevant legal texts from the respective countries. The highlights of the book at a glance: highly topical, including 25 reshaped laws in the law of insolvency as well as Anfechtungsrechtsreform and Konzerninsolvenzrecht reliable source of information seven country reports including seven glossaries with specialist terms numerous pertinent international legal texts The general editor and the authors are experienced insolvency and restructuring specialists from Germany, the UK, Italy, the Netherlands, France, Poland, Japan and the US working for renowned law practices.