SOURCE GUIDE: 10th Edition (Up to date to September 2026).
4 Stone Buildings on Liquidators is the leading authority on the law and practice of corporate liquidation, providing a comprehensive guide to the central role of the liquidator in modern insolvency proceedings. It examines in detail the liquidator’s powers and duties, and their complex relationships with creditors, members, directors, office holders and the court.
Presented in a clear, single-volume format, this definitive work continues to offer practical, specialist guidance alongside essential reference materials, making it indispensable for insolvency practitioners, company lawyers and restructuring professionals.
Now fully revised and extensively updated, the tenth edition reflects the significant developments that have shaped insolvency law in the years since the previous edition.
Includes detailed analysis of: BTI 2014 LLC v Sequana SA [2022] UKSC 25 (clarifying when directors’ duties shift toward creditors); Byers v Saudi National Bank [2023] UKSC 51 (addressing issues of knowing receipt and cross-border insolvency claims); Bilta (UK) Ltd (in liquidation) v Tradition Financial Services Ltd [2025] UKSC 18 (confirming the scope of liability for fraudulent trading, including third parties); alongside a wide range of recent High Court and Court of Appeal decisions shaping: fraudulent and wrongful trading claims; limitation and restoration issues; litigation funding and assignment of claims; the conduct and exposure of office-holders.
The landscape of corporate insolvency continues to evolve rapidly, driven by economic pressures, complex financial structures and increasingly sophisticated litigation. This new edition ensures practitioners remain fully equipped to navigate these challenges, with authoritative commentary grounded in the latest case law.