This paper addresses the main problems arising from the United Kingdom's decision to leave the European Union with regard to insolvency proceedings. The following issues will be discussed: the modes of recognition of foreign insolvency proceedings under British law and the likely impact of Brexit, the impact of Brexit on forum and law shopping, the reform proposal for British workout procedures and the use of British workout procedures by EU companies.
Cross-border Insolvencies after Brexit: Views from the United Kingdom and Continental Europe / Morris, Howard P.; Moss, Gabriel; Mucciarelli, Federico M.; Paulus, Christoph G.. - (2018), pp. 127-153.
Cross-border Insolvencies after Brexit: Views from the United Kingdom and Continental Europe
Federico M. Mucciarelli
;
2018
Abstract
This paper addresses the main problems arising from the United Kingdom's decision to leave the European Union with regard to insolvency proceedings. The following issues will be discussed: the modes of recognition of foreign insolvency proceedings under British law and the likely impact of Brexit, the impact of Brexit on forum and law shopping, the reform proposal for British workout procedures and the use of British workout procedures by EU companies.
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