International cooperation in bankruptcy and insolvency matters: a joint research project of American College of Bankruptcy and International Insolvency Institute
Gespeichert in:
| Beteiligte Personen: | , , |
|---|---|
| Format: | Buch |
| Sprache: | Englisch |
| Veröffentlicht: |
Oxford [u.a.]
Oxford Univ. Press
2009
|
| Schlagwörter: | |
| Links: | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=017311413&sequence=000004&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| Umfang: | XVI, 268 S. |
| ISBN: | 9780195340174 |
Internformat
MARC
| LEADER | 00000nam a2200000zc 4500 | ||
|---|---|---|---|
| 001 | BV035390628 | ||
| 003 | DE-604 | ||
| 005 | 20090922 | ||
| 007 | t| | ||
| 008 | 090325s2009 xxu |||| 00||| eng d | ||
| 010 | |a 2009000025 | ||
| 020 | |a 9780195340174 |9 978-0-19-534017-4 | ||
| 035 | |a (OCoLC)297532702 | ||
| 035 | |a (DE-599)BVBBV035390628 | ||
| 040 | |a DE-604 |b ger |e aacr | ||
| 041 | 0 | |a eng | |
| 044 | |a xxu |c US | ||
| 049 | |a DE-355 |a DE-M382 |a DE-19 | ||
| 050 | 0 | |a K7510 | |
| 082 | 0 | |a 340.9/78 | |
| 084 | |a PT 515 |0 (DE-625)139908: |2 rvk | ||
| 100 | 1 | |a Wessels, Bob |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a International cooperation in bankruptcy and insolvency matters |b a joint research project of American College of Bankruptcy and International Insolvency Institute |c Bob Wessels ; Bruce A. Markell ; Jason J. Kilborn |
| 264 | 1 | |a Oxford [u.a.] |b Oxford Univ. Press |c 2009 | |
| 300 | |a XVI, 268 S. | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 610 | 1 | 7 | |a Vereinte Nationen - UNCITRAL-Modellgesetz über grenzüberschreitende Insolvenz |2 swd |
| 650 | 7 | |a Internationaler Vergleich |2 idszbz | |
| 650 | 7 | |a Internationales Konkursrecht |2 swd | |
| 650 | 7 | |a Internationales Privatrecht |2 idszbz | |
| 650 | 7 | |a Konkursrecht |2 idszbz | |
| 650 | 4 | |a Conflict of laws |x Bankruptcy | |
| 700 | 1 | |a Markell, Bruce A. |e Verfasser |4 aut | |
| 700 | 1 | |a Kilborn, Jason J. |e Verfasser |4 aut | |
| 856 | 4 | 2 | |m Digitalisierung UB Regensburg |q application/pdf |u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=017311413&sequence=000004&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |3 Inhaltsverzeichnis |
| 943 | 1 | |a oai:aleph.bib-bvb.de:BVB01-017311413 | |
Datensatz im Suchindex
| _version_ | 1819332437177532416 |
|---|---|
| adam_text | Contents
Authors Note
..............................xiii
About the Authors
............................xv
Chapter
1
General Introduction
.................... 1
A. Insolvency and Bankruptcy
....................... 1
B. Roman Times
............................. 3
C. Middle Ages
.............................. 5
D. Commercial Code of Napoleon and the Rise of
General Bankruptcy Law
........................7
E. Emerging Tendencies from History
...................9
F. Our Stance Today: Differences in National Legal Systems
...... 10
Chapter
2
Prominent Principles of Domestic Law
.......... 13
A. Widely Accepted Broad Principles of Insolvency Systems
....... 13
1.
Maximization of Asset Value for All Creditors
........... 14
2.
Recognizing/Preserving Existing Creditor Rights
.......... 16
3.
Equitable Treatment of Similarly Situated Creditors
........ 16
B. Wide Disparities with Respect to Specific Procedures and Rules
... 17
1.
(Un)Equal Treatment of Prepetition Claims
............ 18
a. Priorities and Preferred Claims
................. 18
b. Excluded Claims
........................ 21
с
Avoidance of Pre-fnsoJvency Transactions
........... 23
2.
Maximizing Value in a Common Pool
............... 25
a. Included/Excluded Assets
................... 26
b.
Stay/Moratorium
........................ 29
c.
Operation of the Business
................... 30
3.
Preparation and Voting on a Plan of Reorganization
....... 32
a. Flexibility and Options
..................... 32
b. Who Drafts the Plan, Timing
.................. 33
с
Creditor Voting, Dissent, and Court Approval
......... 33
С
Principles-Based Approaches to Modernization and
Harmonization
............................. 35
Chapter
3
Guiding Approaches to International Insolvency Law
... 39
A. The Basic Theoretical Divide: Territorialism v.
Universalism
..... 40
1.
Territorialism and Its Discontents
................. 40
a. The Strained Process of Territorial Insolvency Administration
. . 41
b. Sovereignty, Democracy, and a New Commercial Demos
... 43
с
A Misfit Solution to an Outsized Problem
........... 46
2.
Universalism
and Market Symmetry
........;...... 48
B. Weighing the Advantages and Practical Impediments of the
Competing Approaches
....................... 50
1.
Predictability and Prevention of Forum Shopping
......... 50
2.
Upholding Legitimate Expectations:
Vested Interests and Fairness
.................. 53
3.
Minimizing Losses and Transaction Costs, Maximizing Value
... 57
С
Alternatives
............................. 60
1.
Strengthening
Universalism
.................... 60
2.
Cooperative Territorialism
.................... 62
3.
Mixing
Universalism
and Territorialism
.............. 63
4.
Choice of Law
.......................... 64
D. Modified
Universalism
........................ 67
Chapter
4
Unilateral and Bilateral Forms of
National Cooperation
........ ................. 71
A. Bilateral Treaties: From Medieval Origins to
Nineteenth and Twentieth Century Expansion
............ 71
B. Anglo-American Unilateral Cooperation: Legislation and Case Law
. . 75
1.
United Kingdom: Common Law Cooperation and the
Limited Role of
§ 426....................... 76
vi ,
CONTENTS
2.
United States:
Early Resistance Gives Way to
Statutory Cooperation,
§ 304................... 77
3.
Ambiguous Results on Both Sides of the Atlantic
......... 81
С
Several Unilateral Regimes in Modern Europe
............ 87
1.
Germany
............................. 88
2.
Spain
............................... 90
3.
Belgium
............................. 93
4.
France
.............................. 95
5.
Italy
................................ 95
6.
The Netherlands
......................... 96
7.
Eastern European States
...................... 98
Chapter
5
Regional Cooperation and Regulation
........... 101
A. North America
............................ 101
1.
The Draft United States-Canada Bankruptcy Treaty
....... 102
2.
The
ALI
Principles of Cooperation among the
NAFTA Countries
..........·.............. 103
a. Preserving Value
........................ 105
b. Maximizing Value
....................... 106
с
Equitably Distributing Value
.................. 108
B. The European Union
......................... 109
1.
Judicial Cooperation in Civil Matters
............... 109
2.
Coordinated Universality as Basic Model
............. 111
3.
International Jurisdiction
..................... 113
a. Judgment Opening Main Insolvency Proceedings:
Center of Main Interests
.................... 113
b. Judgment Opening Secondary Proceedings: Establishment
. . . 116
с
Other Judgments
....................... 116
(1)
Judgments Deriving Directly from the Insolvency
Proceedings and Which Are Closely Linked with Them
. . 118
(2)
Recognition and Enforcements of Judgments beyond the
Scope of Article
25(1)
Insolvency Regulation
........ 120
d. Treatment of Multinational Groups of Companies:
The Problem
......................... 122
e. Treatment of Multinational Groups of Companies:
A Solution?
.......................... 126
CONTENTS
vii
4.
Applicable
Law
.......................... 132
a.
Conflict of Law Rules
..................... 132
b. Meaning of
¿ex Concursus
................... 134
c.
Exclusions from the iex
Concursus
............... 135
(1)
Opening of Insolvency Proceedings
............ 135
(2)
Shall Not Affect
...................... 136
(3)
State
............................ 138
5.
Recognition of Insolvency Proceedings
.............. 140
a. Automatic Recognition of a Judgment
Opening Insolvency Proceedings
............... 140
b. Recognition of Other Judgments
................ 141
с
Public Policy
.......................... 143
6.
Secondary Insolvency Proceedings
................ 143
a. Specifics of Secondary Insolvency Proceedings
........ 143
b. Communication and Cooperation
............... 144
7.
The Position of Creditors
..................... 148
8.
Reorganization and Winding Up of Financial Institutions
..... 148
9.
Conclusion
............................ 151
C. Other Regional Arrangements
.................... 154
1.
Latin America
........................... 154
2.
Northern Europe
......................... 157
3.
Central Africa
. . ......................... 159
4.
Southeast Asia
.......................... 162
Chapter
6
Convergence through Legislation and
Professional Cooperation
....................... 167
A. Harmonization through Legislation
.................. 167
B. Alignment by Courts and Practitioners
................ 174
1.
The Model International Insolvency Cooperation Act
....... 175
2.
Governance by Private Agreement:
Cross-Border
Insolvency Protocols
....................... 176
a. Macfadyen
.......................... 176
b. Maxwell
............................ 177
с
Olympia
and York
....................... 180
viii
CONTENTS
d.
Nakash
............................ 181
e. Commodore
.......................... 182
3.
The Cross-Border
Insolvency
Concordat
and Recent
Protocols .
. 183
a. Everfresh and Other Early Post-Concordat Protocols
...... 184
b. The Loewen Model
...................... 187
с
Other Protocols
........................ 188
4.
Private Workouts and INSOL International s
Statement of Principles
......................189
a. The London Approach
.....................190
b. INSOL International s Statement of Principles for a
Global Approach to Multi-Creditor Workouts
.........192
Chapter
7
Modeling Cross-Border Insolvency:
The Role of UNCITRAL
........................197
A. A Fair Framework for Effectively Addressing
Cross-Border
Insolvency Cases
...........................197
B. The Model of the Model Law
....................199
1.
Limited Character
........................ 199
2.
Legislative Tool
.......................... 202
3.
Practical Scope of the Model Law
................. 204
C. General Provisions
.......................... 205
1.
Scope of Application
....................... 205
2.
Definitions
............................ 206
3.
Public Policy Exception
...................... 207
4.
Interpretation
........................... 207
D. Access
................................ 208
1.
Unhindered Access
........................ 208
2.
Procedural Standing
....................... 209
3.
Position of Foreign Creditors
................... 211
E. Recognition of Foreign Proceedings
................. 212
1.
Recognition and Its Effects
....................212
2.
Application for Recognition
....................213
3.
Decision to Recognize a Foreign Proceeding
...........214
CONTENTS
F. Relief ................................ 217
1.
Purpose of
Relief......................... 217
2.
Provisional
Relief......................... 218
3.
Additional
Relief......................... 219
4.
Protection of Interests
....................... 221
G.
Cross-Border Cooperation
and Communication
........... 222
1.
International Practice
....................... 222
2.
Cooperation by Courts with Foreign Courts and
Foreign Representatives
...................... 223
3.
Cooperation by Insolvency Office Holder with
Foreign Courts and Foreign Representatives
............ 225
4.
Means of Cooperation
...................... 225
Ή.
Coordination of Concurrent Proceedings
.............. 226
1.
Model of Concurrent Proceedings
................ 226
2.
Territorial Proceedings
...................... 227
3.
Coordination of Proceedings
................... 229
4.
Hotchpot Rule
.......................... 230
I. The Structure of the Model Law
................... 231
1.
Appreciation in Legal Doctrine
.................. 231
2.
Enacting a Model Law
...................... 233
J. Countries Adoption of the Model Law
................ 235
1.
Global Support
.......................... 235
2.
Country by Country
........................ 237
a. Australia
............................ 237
b. British Virgin Islands
...................... 238
с
Canada
............................ 238
d. Colombia
........................... 239
e. Great Britain
.......................... 239
f. Japan
............................. 241
g. Mexico
............................ 241
h. Montenegro
.......................... 242
i. New Zealand
......................... 243
¡. Poland
............................. 243
CONTENTS
к.
Romania
............................ 244
I. South Africa
.......................... 244
m. United States
......................... 245
n. Others
............................. 248
K. Conclusion
.............................. 249
Epilogue
................................251
Appendix: List of Websites with Freely Downloadable
International Insolvency Cooperation Resources
...........257
Table of Cases
.............................259
Index
..................................261
CONTENTS
|
| any_adam_object | 1 |
| author | Wessels, Bob Markell, Bruce A. Kilborn, Jason J. |
| author_facet | Wessels, Bob Markell, Bruce A. Kilborn, Jason J. |
| author_role | aut aut aut |
| author_sort | Wessels, Bob |
| author_variant | b w bw b a m ba bam j j k jj jjk |
| building | Verbundindex |
| bvnumber | BV035390628 |
| callnumber-first | K - Law |
| callnumber-label | K7510 |
| callnumber-raw | K7510 |
| callnumber-search | K7510 |
| callnumber-sort | K 47510 |
| callnumber-subject | K - General Law |
| classification_rvk | PT 515 |
| ctrlnum | (OCoLC)297532702 (DE-599)BVBBV035390628 |
| dewey-full | 340.9/78 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 340 - Law |
| dewey-raw | 340.9/78 |
| dewey-search | 340.9/78 |
| dewey-sort | 3340.9 278 |
| dewey-tens | 340 - Law |
| discipline | Rechtswissenschaft |
| format | Book |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>01716nam a2200421zc 4500</leader><controlfield tag="001">BV035390628</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">20090922 </controlfield><controlfield tag="007">t|</controlfield><controlfield tag="008">090325s2009 xxu |||| 00||| eng d</controlfield><datafield tag="010" ind1=" " ind2=" "><subfield code="a">2009000025</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9780195340174</subfield><subfield code="9">978-0-19-534017-4</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)297532702</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV035390628</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">aacr</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="044" ind1=" " ind2=" "><subfield code="a">xxu</subfield><subfield code="c">US</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-355</subfield><subfield code="a">DE-M382</subfield><subfield code="a">DE-19</subfield></datafield><datafield tag="050" ind1=" " ind2="0"><subfield code="a">K7510</subfield></datafield><datafield tag="082" ind1="0" ind2=" "><subfield code="a">340.9/78</subfield></datafield><datafield tag="084" ind1=" " ind2=" "><subfield code="a">PT 515</subfield><subfield code="0">(DE-625)139908:</subfield><subfield code="2">rvk</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Wessels, Bob</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">International cooperation in bankruptcy and insolvency matters</subfield><subfield code="b">a joint research project of American College of Bankruptcy and International Insolvency Institute</subfield><subfield code="c">Bob Wessels ; Bruce A. Markell ; Jason J. Kilborn</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Oxford [u.a.]</subfield><subfield code="b">Oxford Univ. Press</subfield><subfield code="c">2009</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">XVI, 268 S.</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">n</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">nc</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="610" ind1="1" ind2="7"><subfield code="a">Vereinte Nationen - UNCITRAL-Modellgesetz über grenzüberschreitende Insolvenz</subfield><subfield code="2">swd</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Internationaler Vergleich</subfield><subfield code="2">idszbz</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Internationales Konkursrecht</subfield><subfield code="2">swd</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Internationales Privatrecht</subfield><subfield code="2">idszbz</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">Konkursrecht</subfield><subfield code="2">idszbz</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Conflict of laws</subfield><subfield code="x">Bankruptcy</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Markell, Bruce A.</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Kilborn, Jason J.</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="856" ind1="4" ind2="2"><subfield code="m">Digitalisierung UB Regensburg</subfield><subfield code="q">application/pdf</subfield><subfield code="u">http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=017311413&sequence=000004&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA</subfield><subfield code="3">Inhaltsverzeichnis</subfield></datafield><datafield tag="943" ind1="1" ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-017311413</subfield></datafield></record></collection> |
| id | DE-604.BV035390628 |
| illustrated | Not Illustrated |
| indexdate | 2024-12-20T13:31:24Z |
| institution | BVB |
| isbn | 9780195340174 |
| language | English |
| lccn | 2009000025 |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-017311413 |
| oclc_num | 297532702 |
| open_access_boolean | |
| owner | DE-355 DE-BY-UBR DE-M382 DE-19 DE-BY-UBM |
| owner_facet | DE-355 DE-BY-UBR DE-M382 DE-19 DE-BY-UBM |
| physical | XVI, 268 S. |
| publishDate | 2009 |
| publishDateSearch | 2009 |
| publishDateSort | 2009 |
| publisher | Oxford Univ. Press |
| record_format | marc |
| spellingShingle | Wessels, Bob Markell, Bruce A. Kilborn, Jason J. International cooperation in bankruptcy and insolvency matters a joint research project of American College of Bankruptcy and International Insolvency Institute Vereinte Nationen - UNCITRAL-Modellgesetz über grenzüberschreitende Insolvenz swd Internationaler Vergleich idszbz Internationales Konkursrecht swd Internationales Privatrecht idszbz Konkursrecht idszbz Conflict of laws Bankruptcy |
| title | International cooperation in bankruptcy and insolvency matters a joint research project of American College of Bankruptcy and International Insolvency Institute |
| title_auth | International cooperation in bankruptcy and insolvency matters a joint research project of American College of Bankruptcy and International Insolvency Institute |
| title_exact_search | International cooperation in bankruptcy and insolvency matters a joint research project of American College of Bankruptcy and International Insolvency Institute |
| title_full | International cooperation in bankruptcy and insolvency matters a joint research project of American College of Bankruptcy and International Insolvency Institute Bob Wessels ; Bruce A. Markell ; Jason J. Kilborn |
| title_fullStr | International cooperation in bankruptcy and insolvency matters a joint research project of American College of Bankruptcy and International Insolvency Institute Bob Wessels ; Bruce A. Markell ; Jason J. Kilborn |
| title_full_unstemmed | International cooperation in bankruptcy and insolvency matters a joint research project of American College of Bankruptcy and International Insolvency Institute Bob Wessels ; Bruce A. Markell ; Jason J. Kilborn |
| title_short | International cooperation in bankruptcy and insolvency matters |
| title_sort | international cooperation in bankruptcy and insolvency matters a joint research project of american college of bankruptcy and international insolvency institute |
| title_sub | a joint research project of American College of Bankruptcy and International Insolvency Institute |
| topic | Vereinte Nationen - UNCITRAL-Modellgesetz über grenzüberschreitende Insolvenz swd Internationaler Vergleich idszbz Internationales Konkursrecht swd Internationales Privatrecht idszbz Konkursrecht idszbz Conflict of laws Bankruptcy |
| topic_facet | Vereinte Nationen - UNCITRAL-Modellgesetz über grenzüberschreitende Insolvenz Internationaler Vergleich Internationales Konkursrecht Internationales Privatrecht Konkursrecht Conflict of laws Bankruptcy |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=017311413&sequence=000004&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
| work_keys_str_mv | AT wesselsbob internationalcooperationinbankruptcyandinsolvencymattersajointresearchprojectofamericancollegeofbankruptcyandinternationalinsolvencyinstitute AT markellbrucea internationalcooperationinbankruptcyandinsolvencymattersajointresearchprojectofamericancollegeofbankruptcyandinternationalinsolvencyinstitute AT kilbornjasonj internationalcooperationinbankruptcyandinsolvencymattersajointresearchprojectofamericancollegeofbankruptcyandinternationalinsolvencyinstitute |