Web19 mrt. 2024 · The key practical take-away in the words of Mr. Justice Harris was as follows: “Going forward I anticipate that unless the agreement of a petitioner and supporting creditors have been obtained in advance the court will not deal with recognition and assistance applications made by soft-touch provisional liquidators after a winding up petition has … Web23 okt. 2014 · Modified universalism is a relatively new theory for the resolution of cross-border insolvencies that gained international and national acceptance two decades ago. It recognizes that a cross-border case should be administered under a single controlling insolvency proceeding governed by the laws of the country commencing that proceeding.
Modified universalism for cross-border insolvencies : does it work …
Web5 nov. 2024 · Judge Glenn ultimately found that the Gibbs rule is incompatible with modern international insolvency law and the modified universalism favored by the UNCITRAL Model Law and Chapter 15. In his written opinion, Judge Glenn explained that recognition of reorganization plans should be granted where certain factors are present. 6 Judge Glenn … WebModified universalism is a relatively new theory for the resolution of cross-border insolvencies that gained international and national acceptance two decades ago. It … pool table movers fort worth tx
LESSONS FOR THE DEVELOPMENT OF SINGAPORE’S INTERNATIONAL INSOLVENCY LAW
WebModified Universalism for Cross-Border Insolvencies Restructuring & Insolvency in Hong Kong Recognition and Enforcement in Cross-Border Insolvency Law: a Proposal for Judicial Gap-Filling Recognition of Parallel Schemes of Arrangement Sir Geoffrey Vos, Chancellor of the High Court Insolvency Lecture Home, Modified universalism INSIGHT WebThe existing cross border insolvency laws namely the UNCITRAL Model Law on Cross-Border Insolvency and Regulation (EU) 2015/848 support the insolvency proceedings at the place where the debtor “has the centre of its main interests”, a choice that is justified by procedural convenience and by the theory of universalism which is considered … Modified universalism or modified universality is a legal concept (particularly an English legal concept) relating to the general principle that in relation to corporate insolvency national courts should strive to administer the estate of insolvent companies in the spirit of international … Meer weergeven A number of countries throughout the world have sought to apply some form of modified universalism through passing statutes or other forms of codified laws. As noted above, US bankruptcy law substantially … Meer weergeven 1. ^ "Is there a principle of Modified Universality in Insolvency in the Cayman Islands?". Chancery Bar Association. Retrieved 6 … Meer weergeven Under the common law (i.e. in the absence of specific statutory provisions in countries which are based upon common law … Meer weergeven • http://www.blakemorgan.co.uk/training-knowledge/articles/2014/11/10/decision-appeal-court-bermuda-Cambridge-gas/ • http://www.lawgazette.com.sg/2012-06/444.htm • Meer weergeven pool table movers in mckinney