Implications of the UNCITRAL model law for Australian cross-border insolvencies

Article


Mason, Rosalind. 1999. "Implications of the UNCITRAL model law for Australian cross-border insolvencies." International Insolvency Review: journal of the international association of insolvency professionals. 8 (2), pp. 83-108. https://doi.org/10.1002/(SICI)1099-1107(199922)8:2<83::AID-IIR53>3.0.CO;2-0
Article Title

Implications of the UNCITRAL model law for Australian cross-border insolvencies

ERA Journal ID37165
Article CategoryArticle
Authors
AuthorMason, Rosalind
Journal TitleInternational Insolvency Review: journal of the international association of insolvency professionals
Journal Citation8 (2), pp. 83-108
Number of Pages26
Year1999
Place of PublicationBognor Regis, West Sussex. United Kingdom
ISSN1099-1107
1180-0518
Digital Object Identifier (DOI)https://doi.org/10.1002/(SICI)1099-1107(199922)8:2<83::AID-IIR53>3.0.CO;2-0
Web Address (URL)http://onlinelibrary.wiley.com/doi/10.1002/(SICI)1099-1107(199922)8:2%3C83::AID-IIR53%3E3.0.CO;2-0/pdf
Abstract

Recent events in international ®nancial markets have focused regulators' and lenders' attention not only on the importance of insolvency laws as an integral part of the regulation of market economies but also on the need to facilitate the administration of multi-jurisdictional insolvencies. In this context, UNCITRAL has proposed a Model Law on Cross-border Insolvencies for adoption by its member states. Australia contributed to the relevant UNCITRAL deliberations and is considering possible adoption of the Model Law. This article outlines the Law's main features and its potential impact on current Australian procedures for dealing with cross-border insolvencies.

Keywordsbankruptcy; international trade law
ANZSRC Field of Research 2020480308. International trade and investment law
350203. Financial econometrics
480303. Conflict of laws (incl. private international law)
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Byline AffiliationsSchool of Law
Institution of OriginUniversity of Southern Queensland
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