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Full-Text Articles in Comparative and Foreign Law
International Insolvency Case Venue In The European Union: The Parmalat And Daisytek Controversies, Samuel Bufford
International Insolvency Case Venue In The European Union: The Parmalat And Daisytek Controversies, Samuel Bufford
Journal Articles
The European Union Insolvency Regulation (the EU Regulation) is a giant step forward in promoting international cooperation among EU countries for cross-border insolvency proceedings. It adopts a modified universalist solution to cross-border proceedings insofar as they are located within the EU. However, experience has shown that it needs improvement to work effectively. A venue battle now rages between courts of several European countries over which country's courts will administer particular cross-border proceedings and how the center of main interest is to be determined for this purpose.
This Article begins with a detailed examination of the two principal cases where conflicts …