In the context of the ever-increasing flow of international trade, the United Nations Commission on International Trade Law (UNCITRAL) Model Law on Cross-Border Insolvency aims to provide greater legal certainty and the efficient administration of cross-border insolvencies. 'Cross-Border Insolvency: A Commentary on the UNCITRAL Model Law' is the only volume to cover the national implementation of the UNCITRAL model law in 10 jurisdictions.
Written by specialists from each jurisdiction, this volume provides an in-depth article-by-article analysis of the local enactment and application of the model law in each of the jurisdictions concerned, alongside consideration of the relationship between the model law and any existing cross-border insolvency jurisprudence. Each chapter adopts the same format for ease of reference, addressing key concepts such as the centre of main interests, court-to-court communication, enforcement of security interests and the protection of debtors and creditors.
This major new work provides an invaluable guide to the local application and comparative analysis of the model law for anyone dealing with cross-border insolvency issues, including where the debtor has assets in more than one state or where creditors are not from the state in which the insolvency proceeding is taking place. Lawyers in private practice or in-house, insolvency practitioners, government authorities, academics and students will find this title an essential addition to their library.
"This commentary on the Model Law is most timely and
will surely be found in the library of every insolvency
lawyer who is seriously engaged internationally."
Professor Jay Lawrence Westbrook
Benno C. Schmidt Chair
The University of Texas School of Law
INSOL World
"eminently recommendable... to a range of interests
ranging through the academic, practitioner, judicial
and governmental fields."
Paul J. Omar
Barrister, Gray's Inn
Senior Lecturer, University of Sussex
International Company and Commercial Law Review
Sweet & Maxwell
"a useful resource/reference tool for those practising,
teaching or studying in the area of international insolvency,
providing an easy-to-read one-stop comparative analysis of
the Model Law as its life develops."
Marika Chalkiadis, Mishcon de Reya, London
Insolvency and Restructuring International
International Bar Association
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