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The UNCITRAL model law on cross-border insolvency: interaction with the English courts

Paúl Omar

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Abstract

Discusses how English courts may give effect to the UNCITRAL Model Law on Cross Border Insolvency 1997 with reference to the decisions in Warner v Verfides, Harms Offshore AHT Taurus GmbH & Co KG v Bloom and Rubin v Eurofinance SA. Concludes that although these judgments confirm the general willingness of the courts to help in cross-border insolvency matters, assistance is not guaranteed, and each case will continue to be assessed on its merits.

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What this paper is about

Discusses how English courts may give effect to the UNCITRAL Model Law on Cross Border Insolvency 1997 with reference to the decisions in Warner v Verfides, Harms Offshore AHT Taurus GmbH & Co KG v Bloom and Rubin v Eurofinance SA. Concludes that although these judgments confirm the general willingness of the courts to help in cross-border insolvency matters, assistance is not guaranteed, and each case will continue to be assessed on its merits.

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Available abstract

Discusses how English courts may give effect to the UNCITRAL Model Law on Cross Border Insolvency 1997 with reference to the decisions in Warner v Verfides, Harms Offshore AHT Taurus GmbH & Co KG v Bloom and Rubin v Eurofinance SA. Concludes that although these judgments confirm the general willingness of the courts to help in cross-border insolvency matters, assistance is not guaranteed, and each case will continue to be assessed on its merits.

Key concepts: Insolvency, Law, Political science, Business

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