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Cross-border insolvency cases and UNCITRAL Model Law

Cross-border insolvency cases and UNCITRAL Model Law
Published on: 16 October 2018
Published by: LexisPSL
  • Cross-border insolvency cases and UNCITRAL Model Law
  • When did the New Model Law and its guide to enactment become effective?
  • What is the impact of the New Model Law on the existing Cross-Border Insolvency Regulations 2006 in the UK?
  • What judgments does the New Model Law provide recognition and enforcement of?
  • What provisional relief can be granted under the New Model Law?
  • When will an insolvency-related judgment be recognised and enforced under the New Model Law and what is the effect?
  • On what grounds can recognition and enforcement of an insolvency-related judgment be refused?
  • With the adoption of the New Model Law, what are the practical points to consider when dealing with cross-border insolvency cases?

Article summary

Restructuring & Insolvency analysis: Hannah Valintine, partner in the Global Restructuring Group, Allen & Overy, and Mallika Abidi, associate at the same firm, discuss the new United Nations Commission on International Trade Law (UNCITRAL) Model Law on recognition and enforcement of insolvency-related judgments (the New Model Law). They discuss its impact on existing legislation, what it covers, and the practical implications for lawyers. or take a trial to read the full analysis.

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