Different endings

Westhead, Justin
October 2005
Lawyer;10/17/2005, Vol. 19 Issue 40, p23
Trade Publication
Reports that the differences between how European jurisdictions deal with insolvencies is leading to a surge in forum shopping by stakeholders in order to maximize their returns and minimize their exposures in any insolvency. Attempts to harmonize insolvency law throughout the European Union; Basic rule that the main insolvency in the EU should be in the jurisdiction where the debtor has its center of main interests.


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