The UNCITRAL Model Law on Cross-Border Insolvency was a model law issued by the secretariat of UNCITRAL on 30 May 1997 to assist states in relation to...

relation to cross-border insolvency regimes which were widely adopted were (1) the UNCITRAL Model Law, and (2) the EC Regulation on Insolvency Proceedings...

EC Insolvency Regulation does not seek to harmonise insolvency laws between the different member states. Like the UNCITRAL Model Law on Cross-Border Insolvency...

UNCITRAL's official mandate is "to promote the progressive harmonization and unification of international trade law" through conventions, model laws,...

universalism broadly underpins the UNCITRAL Model Law on Cross-Border Insolvency, and the EC Insolvency Regulation on Insolvency Proceedings (Council Regulation...

179A Insolvency Act 2003, Part XIV Insolvency Act 2003, Part VIII Insolvency Act 2003, section 400(1) "UNCITRAL Model Law on Cross-Border Insolvency with...

insolvency are said to be insolvent. There are two forms: cash-flow insolvency and balance-sheet insolvency. Cash-flow insolvency is when a person or company...

not introduced the UNCITRAL Model Law on Cross-Border Insolvency into domestic legislation. Accordingly, cross-border insolvency cases are still conducted...

implemented the UNCITRAL Model Law on Cross-Border Insolvency as the Cross-Border Insolvency Regulations 2006. Re Olympic Airlines SA [2015] UKSC 27, on Regulation...

insolvency laws of a number of common law jurisdictions, similar to bankruptcy in the United States. It functions as a rescue mechanism for insolvent...

strike the company off the register. Under the corporate insolvency laws of a number of common law jurisdictions, where a company has been engaged in misconduct...

Kingdom, only an authorised or licensed insolvency practitioner (IP) may be appointed in relation to formal insolvency procedures. Quite often IPs have an...

The Insolvency and Bankruptcy Code, 2016 (IBC) is an Indian law which creates a consolidated framework that governs insolvency and bankruptcy proceedings...

insolvency, by virtue of Section 91(2) of the Constitution Act, 1867. It has passed the following statutes as a result: The Bankruptcy and Insolvency...

Australian insolvency law regulates the position of companies which are in financial distress and are unable to pay or provide for all of their debts or...

Insolvency law of Russia mainly includes Federal Law No. 127-FZ "On Insolvency (Bankruptcy)" and Federal Law No. 40-FZ "On Insolvency (Bankruptcy) of...

added Chapter 15 (as a replacement for section 304) and deals with cross-border insolvency: foreign companies with US debts. As a threshold matter, bankruptcy...

relinquished. Robert Ramsey and John Head, law professors who both specialise in financial issues, suggest that an insolvent bank should go into receivership rather...

distinguished from the terms "insolvency", illiquidity and "bankruptcy": Default: Debtors have been passed behind the payment deadline on a debt whose payment...

Rafał. "Cross-border insolvency law in the EU" (PDF). Library Briefing. Library of the European Parliament. Archived (PDF) from the original on 28 December...

liquidation. Under UK insolvency law, trading once a company is legally insolvent can trigger several provisions of the Insolvency Act 1986, including:...

the Insolvency Act 1986 In the United Kingdom, see section 166 of the Insolvency Act 1986 In the United Kingdom, see section 170 of the Insolvency Act...

must first go through the appointed Insolvency Practitioner. The creditors will begin to deal with the Insolvency Practitioner and readily accept annual...

might pursue: it could favour a nominated party on insolvency could either provide for a specific insolvency-triggered deprivation of its assets in favour...

Z-Score and Zeta Models by Edward Altman Financial Distress, Bankruptcy Law, and the Business Cycle by Javier Suarez and Oren Sussman Insolvency Service website...

under state law, rather than the federal bankruptcy proceedings, including those under chapter 11. Insolvency proceedings under state law, the study stated...

incorporates the Model Law on Cross Border Insolvency drafted by the United Nations Commission on International Trade Law. The law provides solutions...

security against the assets of the debtor and avoid competing for a distribution on liquidation with the unsecured creditors. In most legal systems, secured creditors...

charge Liquidator (law) Official receiver See sections 29(2) and 251 of the Insolvency Act 1986 and Article 5(1) of the Insolvency (Northern Ireland)...

insolvency regime under the Fraudulent Dispositions Act (Cap F.60). However, the legislature is currently considering a comprehensive new Insolvency Act...