Cover of book: EU International Insolvency Law and Third Countries
Edited Book Open Access Full access

EU International Insolvency Law and Third Countries

Which Way(s) Forward?
Editors:
Publisher:
 2026

Summary

Cross-border insolvencies between EU and third countries are a common phenomenon in business, but only marginally addressed by EU law. Is it time for the EU to adopt a regulatory instrument to address this topic? Which role might UNCITRAL play in this context? The present volume provides structured insights, exploring classic cross-border insolvency topics such as universality and territoriality, recognition of foreign proceedings, rules for domestic proceedings etc.), but also addresses frontier issues like ADR and new technologies in cross-border insolvency. The book gathers the reflections of 32 top global experts in international insolvency law from 19 EU and non-EU countries and develops reflections for further legislative action. This title is also available as Open Access.



Bibliographic data

Edition
1/2026
Copyright Year
2026
ISBN-Print
978-3-7560-2159-8
ISBN-Online
978-3-7489-5707-2
Publisher
Nomos, Baden-Baden
Language
English
Pages
952
Product Type
Edited Book

Table of contents

ChapterPages
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    1. Table of Contents
    2. Greeting from the UNCITRAL Secretariat
    3. Databases of consolidated legislation directly referred to in the book
    4. General Bibliography
    5. Abbreviations
    6. Preface
      1. Europe’s approach to international insolvency law at a time for choosing legal methodsPages 59 - 74
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      2. L’Europe de l’insolvabilité internationale à l’heure du choix des méthodes juridiquesPages 75 - 90
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      3. Which role and meaning for the concepts of ‘universality’ and territoriality’, ‘unity’ and ‘plurality’ (of proceedings) in future international insolvency law – especially in the relations between EU and third countries?Pages 91 - 102
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      4. UNCITRAL and Swiss insolvency law – an example of conceptual implementationPages 103 - 124
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      5. Europe and beyond: What can the EIR learn from the UNCITRAL Model Law?Pages 125 - 160
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      6. A few remarks on the relationship between the EIR and preventive restructuring frameworksPages 161 - 170
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      7. Recognition is keyor how to deal with a bank crisis in the internationally interconnected financial industryPages 171 - 190
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      1. Domestic insolvency proceedings and non-EU countries – general reportPages 191 - 254
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      2. Transaction avoidance law and third countries. The case for a set of European private international law rulesPages 255 - 292
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      3. Informing foreign creditors of the opening of insolvency proceedingsPages 293 - 318
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      1. Recognition of foreign insolvencies – general reportPages 319 - 398
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      2. Recognition of third country insolvencies in the EUPages 399 - 406
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      3. Lessons to be learned from ‘Galapagos’Pages 407 - 416
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      4. The law governing the effects of foreign insolvency proceedings on lawsuits pending in the home forumPages 417 - 444
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      1. Concurrent insolvency proceedings – relations between the EU and third countries – general reportPages 445 - 478
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      2. Should issues of mutual exchange of information be addressed in future regulation on cross-border insolvency?Pages 479 - 506
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      3. Observations on cross-border group insolvenciesPages 507 - 528
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      4. The UNCITRAL 2019 Model Law on (multinational) enterprise groups insolvency with Guide to Enactment. An example of legislative practicality, convenience and pragmatism.Pages 529 - 556
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      1. Insolvency-related proceedings in cross-border cases – with specific regard to relations between the EU and third countriesPages 557 - 582
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      2. Arbitration and insolvency: is there a ‘conflict’ and if so, how should it be resolved?Pages 583 - 608
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      3. Mediation in cross-border insolvenciesPages 609 - 642
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      4. Information and communication technologies in cross-border insolvency – A brief lookPages 643 - 650
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      1. The application of international insolvency law within and outside the OHADA space: issues and challengesPages 651 - 662
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      2. Regional economic integration in the sphere of cross-border insolvency: foreign experience as a possible model for the Eurasian Economic UnionPages 663 - 672
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      1. A commentary of the Argentine Cross-border Insolvency Bill of 2018Pages 673 - 716
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      2. Cross-border insolvency and the Brazilian experience (so far): comments on the recent adoption of the UNCITRAL Model law on cross-border insolvencyPages 717 - 746
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      3. The recognition of German insolvency proceedings in China and beyondPages 747 - 762
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      4. The (North) Macedonian perspective on insolvency law and cross-border insolvency with particular reference to relations with the European UnionPages 763 - 782
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      5. Analytical note on the prospects for the development of cross-border insolvency in the Russian FederationPages 783 - 792
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      6. Cross-border insolvency principles in terms of South African LawPages 793 - 842
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      7. Korean practice on the recognition of discharge orders rendered in foreign insolvency proceedings. Focusing on the Supreme Court of Korea Judgment 2009-Ma-1600 and subsequent lower court practicePages 843 - 874
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      8. Does the Recast Insolvency Regulation violate the ordre public of Switzerland?Pages 875 - 882
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      9. UK schemes, plans and international recognitionPages 883 - 896
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    1. Reflections of the Editors
    2. List of contributors
    3. Index

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