Cross-Border Insolvency; a commentary on the UNCITRAL Model Law

In the context of the ever increasing flow of international commerce, the UNCITRAL model law on Cross-Border Insolvency aims to provide greater legal certainty and to assist the efficient administration of cross-border insolvencies. The national courts of many jurisdictions that have adopted the model law are also required by their implementing legislation to consider how other countries interpret and apply the model law. This forthcoming title, is the only volume to cover the national implementation of the UNCITRAL model law in 10 jurisdictions. Written by specialists from each jurisdiction, this title provides an in-depth article-by-article analysis of the local enactment and application of the model law in each of the jurisdictions concerned, alonside coverage of the relationship between the model law and and any existing cross-border 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 debotors and creditors. This major new work will provide 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.