Cross-border recognition issues in corporate recovery and insolvency

This is a practice note on the recognition of restructuring and insolvency proceedings across different jurisdictions. It discusses why such recognition may be crucial to the success of formal corporate restructuring and insolvency processes (such as schemes of arrangement, CVAs and administrations). It also details the principal considerations when seeking recognition and provides an overview of the main legal regimes governing the recognition of UK insolvency proceedings abroad, and the recognition of foreign proceedings in the UK.

Louise Webb, partner, Baker & McKenzie LLP, maintained by PLC Restructuring and Insolvency


 

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