Future of cross-border insolvency overcoming biases and closing gaps Irit Mevorach.

This edition previously issued in print: 2018.

Includes bibliographical references and index.

A fresh and insightful guide to post-financial crisis cross-border insolvency, this work interrogates the current regime and sets out a pattern to improve its future. In recent decades, and especially since the global financial crisis, a number of important initiatives have focused on developing effective solutions for managing the insolvency of multinational enterprises and financial institutions. Irit Mevorach here takes stock of the varying success of previous policy, and identifies the gaps and biases that could be bridged by a new approach. The text first sets out the theoretical debates regarding cross-border insolvency and surveys the strengths and weaknesses of the prevailing method - modified universalism - synthesizing divergences into a rubric for both commercial entities and financial institutions.

Specialized.