Abstract
Chapter 9 examines how the provisions of Chapter IV of the Model Law have been enacted by the five nominated States and their obligation to cooperate with other jurisdictions.
Keywords
- Foreign Representatives
- Cross-border Insolvency
- South Wales Supreme Court
- Court Communications
- International Insolvency
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- 1.
United Nations Commission on International Trade Law, Guide to Enactment of The UNCITRAL Model Law on Cross-Border Insolvency, UN Doc A/CN.9/442 (19 December 1997) as approved by GA Res A/RES/52/158 (1997) (30 January 1998) and amended by GA Res A/RES/68/107 (2013) (16 December 2013) [9].
- 2.
Wessels, Markell and Kilborn, see footnote 14, 223.
- 3.
See, e.g., Glosband et al., see footnote 93, 139.
- 4.
Morawetz, see footnote 135, 11.
- 5.
Re Nortel Networks Corporation [2015] ONSC 2987 (12 May 2015) [4–10]; Re Nortel Networks Inc, 2015 WL 237431 (Bankr, D Del, 2015).
- 6.
The American Law Institute, see footnote 30.
- 7.
E.g. Federal Court of Australia Cross Border insolvency Practice Note: Cooperation with Foreign Courts of Foreign Representatives (GPN-XBDR) (25 October 2016) http://www.fedcourt.gov.au/law-and-practice/practice-documents/practice-notes/gpn-xbdr New South Wales Supreme Court, Practice Court SC Eq 6, Supreme Court Equity Division—Cross-Border Insolvency: Cooperation with Foreign Courts or Foreign Representatives (11 March 2009), http://www.lawlink.nsw.gov.au/practice_notes/nswsc_pc.nsf/a15f50afb1aa22a9ca2570ed000a2b08/db2a09ee87866a04ca257577007983ae?OpenDocument; Supreme Court of Victoria, Cross-Border Insolvency Applications and Cooperation with Foreign Courts or Foreign Representatives and Coordination Agreements (30 January 2017), http://assets.justice.vic.gov.au//supreme/resources/77e1a5a7-3748-4131-a7d4-ddd5cd72b881/cc6crossborderinsolvency.pdf.
- 8.
Global Principles for Cooperation in International Insolvency Cases and Global Guidelines for Court to Court Communications in International Insolvency Cases, presented to the 89th Annual Meeting of the American Law Institute on 23 May 2012 and unanimously approved by the International Insolvency Institute membership at its 12th Annual Conference, Court de Cassation, Paris, 22 June 2012, http://iiiglobal.org/component/jdownloads/viewdownload/36/5897.html.
- 9.
Sexton, see footnote 10, 821.
- 10.
Re Chow Cho Poon (Private) Limited [2011] 249 FLR 315, 324-5, [42].
- 11.
Parbery; in the matter of Lehman Brothers Australian Limited (in liq) (2011) 285 ALR 476, 484 [71].
- 12.
Ibid 482 [53].
- 13.
Ibid 482 [54].
- 14.
Ibid 482 [55].
- 15.
Ibid 483 [59].
- 16.
Ibid 483 [66].
- 17.
See e.g. Federal Court of Australia Cross Border insolvency Practice Note: Cooperation with Foreign Courts of Foreign Representatives (GPN-XBDR) (25 October 2016) http://www.fedcourt.gov.au/law-and-practice/practice-documents/practice-notes/gpn-xbdr.
- 18.
Re Boart Longyear Limited [2017] NSWSC 537 (27 April 2017).
- 19.
Companies Creditors Arrangement Act, RSC 1985, c C-36 s 52(1); Bankruptcy and Insolvency Act, RSC 1985, c B-3 s 275(1).
- 20.
Perpetual Trustee Co Ltd v BNY Corporate Trustee Services Ltd [2009] EWHC 2953 (Ch).
- 21.
Re Telewest Communications PLC [2004] EWHC 924; [2005] 1 BCLC 752 at [61].
- 22.
11 USC § 1525(b) (2012).
- 23.
American Law Institute and International Insolvency Institute, ‘Global Principles for Cooperation in International Insolvency Cases and Global Guidelines for Court to Court Communications in International Insolvency Cases’ (10 January 2012) http://iiiglobal.org/component/jdownloads/viewdownload/36/5897.html.
- 24.
[2001] ONSC 28467 (19 July 2001) [12].
- 25.
[2011] ONSC 6292 (4 October 2011).
- 26.
Calpine Canada Energy Limited (Companies Creditors Arrangement Act) (2006) 26 CBR (5th) 77 [39].
- 27.
Re Eddie Bauer of Canada Inc (2009) 55 CBR (5th) 33 [26].
- 28.
Re Pope & Talbot Ltd (2010) 72 CBR (5th) 140; Re Northstar Aerospace Inc (2012) 91 CBR (5th) 268; [2012] ONSC 4423 (30 July 2012) [4].
- 29.
Ibid.
- 30.
Re Abitibibowater Inc [2010] QCCS 1064 (18 January 2010).
- 31.
Re Masonite International Ltd [2009] ONSC 40563 (28 July 2009).
- 32.
Re Laidlaw (2003) 39 CBR (4th) 239.
- 33.
Re Abitibibowater Inc [2010] QCCS 1064 (18 January 2010).
- 34.
Re Montreal, Maine & Atlantic Canada Co [2013] QCCS 5194 (9 October 2013) [32].
- 35.
United Nations Commission on International Trade Law, UNCITRAL Practice Guide on Cross-Border Insolvency Cooperation, UN Publication Sales No E.10.V.6, GA Res 61/112 (16 December 2009).
- 36.
Ibid, 25–26, [10].
- 37.
Ibid, 28–95.
- 38.
Glosband, see footnote 93, 70–1; Report on UNCITRAL—INSOL Colloquium on Cross-Border Insolvency, 26 Y.B 207, UN Doc A/CN.9.413 (1995).
- 39.
E.g., the legal advice a foreign representative has received; the state of ongoing settlement discussions or what has been said by different parties at a mediation.
- 40.
United Nations Commission on Trade Law, UNCITRAL Practice Guide on Cross-Border Insolvency Cooperation, UN Publication Sales No E.10.V.6, GA Res 61/112 (16 December 2009), 20–21, [18–21].
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Hannan, N. (2017). Comparative Analysis of the Enactment and Interpretation of Chapter IV of the Model Law on Cross-Border Insolvency—Operation with Foreign Courts and Foreign Representatives. In: Cross-Border Insolvency. Springer, Singapore. https://doi.org/10.1007/978-981-10-5876-9_9
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