Abstract
This Note will discuss how debtor and creditor rights are altered by the U.S. adoption of the Model Law and how such alterations may affect where and why multinational businesses entities and those doing substantial business with those businesses. Ultimately, many failing corporations may go to great lengths to center or even shift their business assets to countries that afford them the greatest protection under local insolvency rules.
Recommended Citation
Luna, Justin
(2007)
"Thinking Globally, Filing Locally: The Effects of the New Chapter 15 on Business Entity Cross-Border Insolvency Cases,"
Florida Journal of International Law: Vol. 19:
Iss.
3, Article 3.
Available at:
https://scholarship.law.ufl.edu/fjil/vol19/iss3/3
COinS