Management buy-outs and corporate takeovers are on the increase, and with new foreign exchange and corporate debt regimes in place, this book provides vital information to enable advisers to work effectively under the new corporate regime operating in the UK. The third edition has been substantially updated and expanded to incorporate changes to pay and file, execution of documents, new warranties, and changes in drafting practice in the UK. Coverage of new areas includes finance leases, due diligence, statutory indemnities, and new identified problem areas.