Cross-Border Insolvency: A Commentary on the UNCITRAL Model Law (Second Edition)

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9781905783243: Cross-Border Insolvency: A Commentary on the UNCITRAL Model Law (Second Edition)
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Given the current financial market crisis and economic uncertainty, cross-border insolvency is more topical than ever. Cross-Border Insolvency: A Commentary on the UNCITRAL Model Law (Second Edition) is an updated, enhanced edition covering the national implementation of the UNCITRAL Model Law on Cross-Border Insolvency. Written by specialists from each jurisdiction, this forthcoming new edition provides an in-depth, article-by-article analysis of the local enactment and application of the model law in each of the jurisdictions concerned, alongside consideration of the relationship between the model law and any existing cross-border insolvency jurisprudence. Each chapter adopts the same format for ease of reference, addressing key concepts such as the centre of main interests, court-to-court communication, enforcement of security interests and the protection of debtors and creditors. New to the second edition are chapters on Australia, the Cayman Islands, New Zealand and South Korea, and an in-depth analysis of recent case law such as the landmark US decisions in Bear Stearns. This major new edition provides an invaluable guide to the local application and comparative analysis of the model law for anyone dealing with cross-border insolvency issues. Lawyers in private practice or in-house, insolvency practitioners, government authorities, academics and students will find this expanded edition an essential addition to their library.

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About the Author:

General editor Look Chan Ho is a member of the restructuring and insolvency group at Freshfields Bruckhaus Deringer LLP. He specialises in corporate insolvency and has published extensively in textbooks and legal journals on insolvency-related issues.

Review:

"In the case of this book, however, I can actually say that, like Victor Kiam, I liked the book so much that I bought it. ...Also likely to be very useful to advisers on inbound UNCITRAL applications." --Polat Siva, INSOL World

Review for first edition: "This commentary on the Model Law is most timely and will surely be found in the library of every insolvency lawyer who is seriously engaged internationally." --Professor Jay Lawrence Westbrook, INSOL World

The book is a very handsome contribution to the study of the subject both to the uninitiated and to others, all of whom can profit from it and enjoy it immensely. --David Marks QC, 3-4 South Square, International Corporate Rescue Issue 1 2010

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