Document Type
Article
Publication Date
2012
Keywords
global markets, international bankruptcy
Abstract
Cross-border bankruptcy continues to be an important topic within bankruptcy regimes worldwide. As more corporations find themselves interacting in a market without the confines of geographic borders, countries need to adapt their regulatory schemes to be able to properly handle an orderly liquidation or reorganization without an adverse impact on the economy. This paper discuses the challenges of a cross-border bankruptcy regime that would be effective and proposes a cooperative solution for increasing coordination among insolvency proceedings. As a result of increasing cooperation among jurisdiction in light of the recent and ongoing financial crisis, reform within the bankruptcy regimes around the world is foreseeable.
Journal
9 Brigham Young University International Law & Management Review (2012).
Disciplines
Bankruptcy Law | International Law
Recommended Citation
9 Brigham Young University International Law & Management Review (2012).