Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events

ABI, New York: Pushing the limits on cross-border assistance

By Jessica McKay

05 February 2018

ABI, New York: Pushing the limits on cross-border assistance

Helicopter (stock image) iStock.com/Sproetniek

When should courts cooperate to assist foreign companies to restructure, and at what point should they stop? A panel at the ABI Cross-Border Insolvency Programme in New York compared recent cases in Canada and the Cayman Islands, where some courts went out of their way to help, and others simply said: “I can’t”.