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The UNCITRAL model cross-border insolvency law: the stay of proceedings and adequate protection

โœ Scribed by Keith D. Yamauchi


Publisher
John Wiley and Sons
Year
2004
Tongue
English
Weight
264 KB
Volume
13
Category
Article
ISSN
1180-0518

No coin nor oath required. For personal study only.

โœฆ Synopsis


The United Nations Commission on International Trade Law [hereinafter UNCI-TRAL] adopted a Model Law on Cross-Border Insolvency in 1997 [hereinafter the Model Law]. 1 Much has already been written on the Model Law, including very comprehensive guidelines that UNCITRAL itself prepared. 2 Most scholars and law commissions praise UNCITRAL for attempting to harmonize a very diโ„cult and, at times, unfair state of the law involving the reorganization of businesses with operations in two or more countries. 3 The Model Law is nothing more than a law that the United Nations and others hope countries will adopt.


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