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