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Cross-Border Insolvency

The Enactment and Interpretation of the UNCITRAL Model Law

  • Neil Francis Hannan

Table of contents

  1. Front Matter
    Pages i-xii
  2. Neil Hannan
    Pages 1-4
  3. Neil Hannan
    Pages 5-14
  4. Neil Hannan
    Pages 15-21
  5. Neil Hannan
    Pages 167-205
  6. Neil Hannan
    Pages 245-251
  7. Back Matter
    Pages 253-270

About this book

Introduction

This book examines the effect of the adoption of the United Nations Committee on International Trade Law (UNCITRAL) Model Law on Cross-Border Insolvency in five common law jurisdictions, namely Australia, Canada, New Zealand, the United Kingdom, and the United States of America. It examines how each of those states has adopted, interpreted and applied the provisions of the Model Law, and highlights the effects of inconsistencies by examining jurisprudence in each of these countries, specifically how the Model Law affects existing principles of recognition of insolvency proceedings.

The book examines how the UNCITRAL Guide to enactment of the Model Law has affected the interpretation of each of its articles and, in turn, the courts’ ability to interpret and hence give effect to the purposes of the Model Law. It also considers the ability of courts to refer to amendments made to the Guide after enactment of the Model Law in a state, thereby questioning whether the current inconsistencies in interpretation can be overcome by UNCITRAL amending the Guide.

Keywords

cross-border insolvency United Nations Committee on International Trade Law UNCITRAL Model Law liquidation bankruptcy insolvency multinational company multinational corporation debtor’s estate universalism modified universalism territorialism cooperative territorialism universal proceduralism Regulation on Insolvency Proceedings European Convention on Insolvency Proceedings

Authors and affiliations

  • Neil Francis Hannan
    • 1
  1. 1.Honorary Fellow, University of Western Australia and PartnerThomson GeerMelbourneAustralia

Bibliographic information

  • DOI https://doi.org/10.1007/978-981-10-5876-9
  • Copyright Information Springer Nature Singapore Pte Ltd. 2017
  • Publisher Name Springer, Singapore
  • eBook Packages Law and Criminology
  • Print ISBN 978-981-10-5875-2
  • Online ISBN 978-981-10-5876-9
  • Buy this book on publisher's site