Avoiding Inherent Uncertainties in Cross-Border Insolvency: Is the UNCITRAL Model Law the Answer?

  • Rachel Morrison

Abstract

"Imagine the scenario: Global Products Inc. is headquartered in the United States and has manufacturing operations, assets, directors and creditors there and in Britain, Italy, South Africa and Australia. Global's operations in each of those countries have borrowed from local banks. The company has developed serious problems, but a "free for all" will develop if Global goes under, with banks and other creditors fighting desperately to hold their positions.
Published
Oct 30, 1999
How to Cite
MORRISON, Rachel. Avoiding Inherent Uncertainties in Cross-Border Insolvency: Is the UNCITRAL Model Law the Answer?. QUT Law Review, [S.l.], v. 15, p. 103-125, oct. 1999. ISSN 2201-7275. Available at: <https://lr.law.qut.edu.au/article/view/477>. Date accessed: 01 feb. 2021. doi: https://doi.org/10.5204/qutlr.v15i0.477.
Section
Articles - General Issue
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