Professor Vanessa Finch

Emeritus Professor of Law

LSE Law School

Key Expertise

About me

Vanessa Finch is a Emeritus Professor of Law at LSE, having retired from the LSE at the end of 2013. During her years at LSE she was, inter alia, responsible for graduate and undergraduate courses in Corporate Insolvency Law and was Director of the MSc Law and Accounting programme. She has written numerous scholarly articles on insolvency and corporate law issues as well as the Cambridge University Press book: Corporate Insolvency Law: Perspectives and Principles (2nd ed. 2009).


  • 'Insolvency Practitioners: Avenues of Accountability' [2012] 8 Journal of Business Law 645-667
  • 'Corporate rescue : a game of three halves' Legal Studies (2012) 32 (2) pp.302-324
  • 'Corporate rescue: who is interested?' J.B.L. 2012, 3, 190-212.
  • 'Pre-packaged Administrations and the Construction of Propriety' (2011) 11(1)Journal of Corporate Law Studies pp 1-31. (April issue)
  • 'Corporate rescue processes : the search for quality and the capacity to resolve' (2010) Journal of Business Law  (6) pp.502-521
  • 'The Dynamics of Insolvency Law: Three Models of Reform'  Law and Financial Markets Review, Volume 3, Number 5, September 2009 , pp. 438-448
  • 'Corporate Rescue in a World of Debt' (2008) Journal of Business Law pp 756-777.
  • 'Pre-Packaged Administrations: Bargains in the Shadow of Insolvency or Shadowy Bargains?' (2006) Journal of Business Law 568-588
  • 'Doctoring in the Shadows of Insolvency' (2005) Journal of Business Law 690-708
  • 'Regulating Insolvency Practitioners: Rationalisation on the Agenda' (2005) Insolvency Intelligence 17-20
  • 'Late Payment of Debt: Re-thinking the Response' (2005) Insolvency Intelligence 38-40
  • 'Control and Co-ordination in Corporate Rescue' (2005) Legal Studies 374-403
  • 'The Recasting of Insolvency Law' (2005) Modern Law Review 713-736
  • 'Re-Invigorating Corporate Rescue' [2003] Journal of Business Law 527-557
  • 'Public Interest Liquidation: PIL or Placebo?' [2002] Insolvency Lawyer 157-165
  • 'The Limited Liability Partnership: Pick and Mix or Mix-Up?' [2002] Journal of Business Law 475-512 (with J. Freedman)
  • 'Is Pari Passu Passé?' [2000] Insolvency Lawyer 194-210


Corporate Insolvency Law: Perspectives and Principles (Cambridge University Press, 2009 [2nd edition]

The first edition of Corporate Insolvency Law proposed a fundamentally revised concept of insolvency law, intended to serve corporate as well as broader social ends.

This second edition takes on board a host of changes that have subsequently reshaped insolvency law and practice, notably the consolidation of the rescue culture in the UK, the rise of the pre-packaged administration and the substantial replacement of administrative receivership with administration. It also considers the implications of recent and dramatic changes in the provision and trading of credit, the movement of an increasing amount of 'insolvency work' to the pre-formal insolvency stage of corporate affairs and the arrival, on the insolvency scene, of a new cadre of specialists in corporate turnaround. Looking to the future, Vanessa Finch argues that changes of approach are needed if insolvency law is to develop with coherence and purpose, and she offers a framework for such an approach.

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