The European Insolvency Regulation and the UNCITRAL Model Law on Cross-Border Insolvency

2017 ◽  
Vol 26 (3) ◽  
pp. 246-269 ◽  
Author(s):  
Reinhard Bork
Keyword(s):  
Cross Border ◽  
European Insolvency Regulation ◽  
Insolvency Regulation ◽  
Model Law

scholarly journals A COMPARATIVE ANALYSIS OF THE UNCITRAL MODEL LAW ON CROSS-BORDER INSOLVENCY AND EU INSOLVENCY REGULATION 2017, AGAINST THE BACKGROUND OF VARIOUS SOURCES OF CROSSBORDER INSOLVENCY LAW

2017 ◽  
Author(s):  
Primrose E.R. Kurasha
Keyword(s):  
Common Law ◽  
The Other ◽  
Insolvency Law ◽  
Cross Border ◽  
Insolvency Regulation ◽  
Similarities And Differences ◽  
Model Law ◽  
Compare And Contrast ◽  
Insight Into ◽  
The Eu

In this investigation, I will compare and contrast the UNCITRAL model law on cross-border insolvency law (hereafter referred to as ‘UNCITRAL model law’) with the EU Insolvency Regulation against the backdrop of various sources or dispensations of cross-border insolvency law. In this comparison, I will highlight the similarities and differences between the two, as well as discuss the other sources in depth, as they largely inform my research. My main aim in including the other sources in this comparative study is to provide deeper insight into these two sources of international cross-border insolvency law, as provided for by academics and sages in the field of insolvency law. These other sources include legislation, common law, treaties and regional dispensations.

Registrierte Gegenstände im grenzüberschreitenden Insolvenzverfahren nach der EuInsVO

2019 ◽  
Author(s):  
Isabelle Schneider
Keyword(s):  
Member State ◽  
Single Market ◽  
Insolvency Law ◽  
International Integration ◽  
Cross Border ◽  
European Insolvency Regulation ◽  
European Single Market ◽  
Insolvency Regulation ◽  
State Affect ◽  
Insolvency Proceedings

With the growing international integration of corporate activities into the European Single Market, there is also a growing number of insolvencies with cross-border implications. The European Insolvency Regulation (EIR) creates a uniform international insolvency law for this purpose. This work examines how registered assets, i.e. land, ships and aircraft, which belong to a debtor are treated in cross-border insolvency proceedings under the EIR. Essentially, the work answers the question of how insolvency proceedings opened in one EU Member State affect the debtor’s assets that are registered in another Member State and how the insolvency administrator or a secured creditor can realise them. The recent insolvencies of the airlines Air Berlin and Niki in 2017 as well as of numerous shipping funds show the relevance and topicality of this matter.

Commentary on the European Insolvency Regulation

2016 ◽  
Keyword(s):  
New Work ◽  
Insolvency Law ◽  
Cross Border ◽  
European Insolvency Regulation ◽  
Insolvency Regulation ◽  
Article Analysis ◽  
Key Features ◽  
Effectiveness And Efficiency ◽  
Insolvency Proceedings

This book provides a detailed article-by-article commentary on the recast EU Regulation on Insolvency Proceedings (EIR), written by a group of experts drawn from several European jurisdictions. The commentary is prefaced by an introductory chapter that explains the rationale for the EIR, charts the background to its enactment, and sketches its key features as originally made and as recast. The commentary that follows has been published in time to cover the long-awaited and much-debated recast Regulation which was finalised in 2015. The introduction of the recast EIR has given authors and editors the opportunity to analyse a newly drafted and modernised law, containing a highly sophisticated set of rules designed to enhance the effectiveness and efficiency of Member State insolvency laws in cross-border cases. The timing of publication will enable practitioners and scholars to equip themselves with a thorough understanding of the recast EIR ahead of full implementation in 2017. The article-by-article analysis has a multi-jurisdictional focus which reports and evaluates significant developments in the application of the Regulation across Member States. This is a key new work for all those who advise on or research European insolvency law.

ANALISIS PEMBENTUKAN ASEAN CROSS BORDER INSOLVENCY REGULATION SEBAGAI SOLUSI PERMASALAHAN KEPAILITAN LINTAS BATAS DI ASEAN

2017 ◽  
Vol 5 (1) ◽  
pp. 106
Author(s):  
Respati Damardjati ◽  
Emmy Latifah ◽  
Al. Sentot Sudarwanto
Keyword(s):  
Legal Research ◽  
Insolvency Law ◽  
Cross Border ◽  
Insolvency Regulation ◽  
Recognition And Enforcement ◽  
Model Law ◽  
The Right

<p align="center"><strong><em>Abstract</em></strong><strong></strong></p><p><em>This paper purposes to analize the idea for establishing ASEAN cross border insolvency regulation as a solution of cross-border insolvency problem in ASEAN. It is a legal research viewed from descriptive analytic. The result of this paper indicates that the absence of uniformity or harmonization of insolvency law in ASEAN region will inflict some problems which are relating to the procedure of recognition and enforcement of a foreign insolvency. The regulation as a solution of cross-border insolvency in the ASEAN region is expected to become a facilitator for resolving problems and reducing uncertainty in cross-border insolvency cases. ASEAN Cross Border Insolvency Regulations in the form of a model law is the right solution to solve the problems of cross-border insolvency in the ASEAN region.</em></p><p><strong>Keyword (s)  :       ASEAN, ASEAN <em>Cross Border Insolvency Regulation, Cross Border Insolvency</em></strong></p><p align="center"><strong>Abstrak</strong></p><p>Artikel hukum ini bertujuan untuk menganalisis gagasan pembentukan ASEAN <em>cross border insolvency regulation</em> sebagai solusi permasalahan kepailitan lintas batas di ASEAN. Jenis penelitian hukum ini adalah penelitian hukum normatif yang bersifat deskriptif. Hasil penelitian ini menunjukkan bahwa tidak adanya keseragaman atau harmonisasi hukum kepailitan di kawasan ASEAN menimbulkan permasalahan yang berkaitan dengan prosedur pengakuan dan pelaksanaan putusan kepailitan asing. Kehadiran sebuah pengaturan hukum sebagai solusi dari permasalahan kepailitan lintas batas di kawasan ASEAN sangat diharapkan untuk dapat menjadi fasilitator dalam menyelesaikan permasalahan dan dapat mengurangi ketidakpastian dalam perkara kepailitan lintas batas. ASEAN <em>Cross Border Insolvency Regulation </em>berupa <em>model law </em>merupakan solusi yang tepat dalam menyelesaikan permasalahan kepailitan lintas batas di kawasan ASEAN.</p><p><strong>Kata Kunci  : ASEAN <em>Cross Border Insolvency Regulation</em>, Kepailitan Lintas Batas </strong></p>

Part IV Transnational Insolvency, 17 Harmonization and Co-Operation in Cross-Border Insolvency

2015 ◽  
Keyword(s):  
Conflict Of Laws ◽  
Cross Border ◽  
Insolvency Regulation ◽  
The Status ◽  
The Law ◽  
Model Law ◽  
Insolvency Proceedings ◽  
The Eu

This chapter is devoted to cross-border principles. It begins with an examination of two sets of opposing principles: unity of proceedings versus plurality and universality or territoriality in the administration of the debtor's assets in insolvency. This is followed by an examination of two major instruments: the widely adopted 1997 UNCITRAL Model Law on Cross-Border Insolvency and the EU Insolvency Regulation (recast), approved in 2015 and incorporating numerous significant changes to the former EC Regulation. The Model Law is concerned with recognition of foreign insolvency proceedings, carrying with it an automatic stay of local proceedings, and the status of foreign administrators and duties of co-operation with foreign courts and foreign administrators. The EU Insolvency Regulation (recast) is primarily a conflict of laws regulation governing jurisdiction and the law applicable to insolvency matters.

scholarly journals URGENSI IMPLEMENTASI UNCITRAL MODEL LAW ON CROSS-BORDER INSOLVENCY DI INDONESIA: STUDI KOMPARASI HUKUM KEPAILITAN LINTAS BATAS INDONESIA DAN SINGAPURA

2019 ◽  
Vol 2 (2) ◽  
pp. 162
Author(s):  
Jihan Amalia
Keyword(s):  
Status Quo ◽  
Cross Border ◽  
Model Law

Dalam era globalisasi, perdagangan tak lagi hanya dilakukan dalam satu wilayah negara, melainkan dapat pula antarnegara. Perkembangan bisnis internasional beriringan dengan kebutuhan akan hukum yang juga akomodatif. Dalam perjanjian pinjam-meminjam antarpelaku usaha, ada kalanya debitor tidak dapat membayarkan utangnya sehingga mengalami kepailitan. Hal ini membuat kepailitan lintas batas menjadi diskursus yang penting dalam mengimbangi dinamika dunia usaha saat ini. Dalam tulisan ini, ada beberapa hal terkait yang akan dibahas. Pertama, UNCITRAL Model Law on Cross-Border Insolvency memberi pedoman terkait hukum kepailitan lintas batas. Kedua, status quo hukum kepailitan Indonesia dalam mengatur kepailitan lintas batas. Ketiga, studi komparasi dengan Singapura sebagai negara yang hingga sebelum 2017 tidak menerapkan UNCITRAL Model Law on Cross-Border Insolvency. Keempat, urgensi UNCITRAL Model Law diimplementasikan dalam hukum kepailitan Indonesia. Tulisan ini dibuat berdasarkan penelitan yuridis-normatif dengan bahan hukum primer dan sekunder sebagai data sekunder yang menjadi dasar analisis.

Sign in / Sign up

Export Citation Format

Share Document