Tag: Cross-border insolvency

The global economy is seeing an increase in complex cross-border restructurings as countries become more interconnected. Many nations have implemented advanced restructuring systems, providing distressed companies and lenders with options beyond U.S. chapter 11....

Historically, the most common ways to handle complex cross-border restructurings were through chapter 11 of the U.S. Bankruptcy Code and schemes of arrangement in the United Kingdom under the Companies Act. However, in recent...