The headline of Rares’ article may sound catchy when bearing in mind that the Flying Dutchman in maritime mythology stands for a ghost ship that can never reach its destination and is fated to sail the seven seas in eternity. But as drastic as this comparison might sound, it seems to be very appropriate. This book will be guided by the question whether insolvency law and maritime law are separated by fundamentally different legal concepts and policies or whether harmonisation can be achieved to some extent. In other words, will the Flying Dutchman continue to sail aimlessly or is there a chance to guide this doomed ship into known and safe waters?
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