Transnational Insolvency: Cooperation Among the NAFTA Countries: International Statement of United States Bankruptcy Law

by Jay Lawrence Westbrook

Summary

This cutting-edge volume fully describes the bankruptcy law of the United States, and sets forth a comprehensive body of agreed-upon principles governing multinational insolvency cases in which the assets are located in one or more of the three NAFTA countries; and offers practical approaches to managing such cases based on those principles. In part influenced by ALI’s Transnational Insolvency Project, all three of the NAFTA countries have reconsidered aspects of their bankruptcy laws during the life of the Project. These changes are fully reflected in this timely and up-to-date volume.