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Navigating the evolving seas of cross‐border insolvency: The shift towards COMI and the Model Law approach in Hong Kong; Re Global Brands Group Holding Ltd (In Liquidation) [2022] 3 HKLRD 316 (Coram Harris J) [case comment]

International Insolvency Review
In cross‐border insolvency cases involving foreign liquidators, Hong Kong courts traditionally adhered to two criteria for recognition and assistance: the collective nature of insolvency proceedings and the commencement of such proceedings in the company'
Alric Wong
semanticscholar   +1 more source

Cross-Border Insolvency and Sustainable Business Growth: Legal Frameworks, Challenges, and Strategies in a Globalized Economy

Journal of Informatics Education and Research
In today’s interconnected world economy, businesses operate cross borders to access new thriving markets, resources, and growth opportunities. However, the quest for sustainable business growth often encounters unforeseen challenges, particularly in ...
Stuti Tiwari, Hina Kausar
semanticscholar   +1 more source

Cross-Border Insolvency under the 2016 Insolvency and Bankruptcy Code: Necessity and Roadmap for Comprehensive Reform.

Kutafin Law Review
Cross-border insolvency remains one of the most significant yet unresolved challenges within India’s insolvency framework. Despite increasing globalization and India’s expanding integration into the global economy, the country still lacks a comprehensive
V. Jayshree, M. Biswal
semanticscholar   +1 more source

Maritime cross‐border insolvency in China

International Insolvency Review, 2020
AbstractDue to the high degree of mobility of ships and the special operational structures of shipping companies, it is difficult to harmonise the cross‐border insolvency regime with the maritime law regime governing ships. One of the typical examples is the recent bankruptcy of Hanjin Shipping Co Ltd.
openaire   +1 more source

Cross-Border Insolvency Law

Abstract This chapter details the key concepts surrounding cross-border insolvency law. It explains the relevant codifications and the underlying principles. The chapter discusses the issues revolving around insolvency proceedings with cross-border connotations, such as jurisdiction, applicable law, recognition, and administration of ...
openaire   +1 more source

Cross-Border Insolvency Law in BRIC

2019
The effective cross-border insolvency regimes are absent in many emerging economies around the world, and the BRIC nations are not the exception to this fact. Nevertheless, law on cross-border insolvency, which establishes the international standard in this area, is not addressed by domestic laws of these nations.
Amit Kumar Kashyap   +2 more
openaire   +1 more source

The Future of Cross-Border Insolvency

2018
This book interrogates the current cross-border insolvency regime and sets out a pattern to improve its future. In recent decades, and especially since the global financial crisis, a number of important initiatives have focused on developing effective solutions for managing the insolvency of multinational enterprises and financial institutions.
openaire   +1 more source

Derivatives in Cross-Border Insolvency Proceedings

SSRN Electronic Journal, 2016
Abstract This chapter defines derivatives as a starting point and looks at how they work. Traditionally, they have enjoyed privileged status in an insolvency scenario, both at the substantive-law level and at the conflict-of-laws level.
openaire   +1 more source

Cross-Border Insolvency

Netherlands International Law Review, 1995
openaire   +1 more source

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