Recently the UNCITRAL Model Law on Cross-Border Insolvency was adopted by Chile, the Philippines and Singapore. The Model Law is praised as a tool to draft a country’s provisions of international insolvency law. Now 20 years old, is it time for a revamp?
Tag: Recognition Of Insolvency Proceedings
A World Wide convention on international bankruptcy has been discussed throughout the whole 20th century. Now it has been put on the international agenda.