UNCITRAL Model Law on Cross-Border Insolvency continues to be adopted

Scott Butler of Hall & Wilcox gives an update on the UNCITRAL Model Law on Cross-Border Insolvency (Model Law), noting that Malaysia is the latest country to announce it is going to adopt the Model Law and that the UNCITRAL’s Working Group has recently endorsed a proposal by Australia to consider updating its Guide to Enactment and Interpretation of the Model Law.

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