1.01 Over The Past Forty Years Insolvency Law - Which In This Introduction Includes Both Corporate Insolvency Law And Personal Insolvency Law - Has Made Considerable Progress And Become A Vibrant Field Of Both Research And Practice. However, During This Time Insolvency Law Has Also Come To Enlarge Its Toolbox, And Is Now More Sophisticated, So That Nowadays There Is No Definition Of Insolvency Law That Exhaustively Lists The Elements This Field Of Law Consists Of. In Addition, The Very Term Insolvency Law Might Even Sound Deceptive, Since Increasingly More Jurisdictions Regulate Insolvency Law Procedures And Proceedings Which Do Not Strictly Require A Situation Of Insolvency-- Provided By Publisher.