Priority should be given to improving training in commercial law, especially with respect to
company law, securities law and bankruptcy law. It is also crucial to provide judges with training in basic
business concepts, since the lack of exposure to regular business practices sometimes result in an
extremely literal application of the law. As part of thistraining, it is important to provide judges with
background on the basic business and economic concepts that underlie such legislation, since the lack of such background sometimes results in an extremely literal application of legislative language that may be
unreasonable in the context of normal business practices.