Comment: A More Optimistic View of Cross-Border Insolvency

Abstract

In re Axona and In re Maxwell Communication Corp, along with other cases in other jurisdictions, demonstrate a remarkable level of cooperation in international insolvency in comparison with the discouraging results accepted as inevitable just a few years ago. When one considers these concrete results in the courts in conjunction with the rapidly expanding international initiatives for reform in this field, the prospects seem distinctly ungloomy.

Keywords

Bankruptcy, International, United States, International bankruptcy

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Authors

Jay Lawrence Westbrook (The University of Texas School of Law)

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