Publication Type
Journal Article
Version
publishedVersion
Publication Date
5-2024
Abstract
The Model Law on Cross-Border Insolvency (‘MLCBI’) was enacted by the United Nations Commission on International Trade Law (‘UNCITRAL’) in 1997. Since then, it has been adopted by 62 jurisdictions and has led to many debates and interpretations about its potential, scope and limits. This article provides a general overview of some of the international divergences existing in the implementation of the MLCBI across jurisdictions. It also discusses some of the challenges that need to be overcome to make the MLCBI a more effective tool to deal with cross-border insolvency.
Discipline
Business Organizations Law | Jurisdiction
Research Areas
Corporate, Finance and Securities Law
Publication
International Corporate Rescue
First Page
145
Last Page
150
ISSN
1572-4638
Publisher
Chase Cambria
Citation
Aurelio GURREA-MARTINEZ.
The implementation of the Model Law on Cross-Border Insolvency: International divergences and challenges ahead. (2024). International Corporate Rescue. 145-150.
Available at: https://ink.library.smu.edu.sg/sol_research/4606
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.
