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

Curaçao Chapter 15 recognition may provide hard Brexit precedent

By Dominic Lawson

08 January 2019

Curaçao Chapter 15 recognition may provide hard Brexit precedent Willemstad, Curaçao / iStock.com/onfilm

A New York court has granted the first ever US recognition of insolvency proceedings under emergency regulations in the Dutch Caribbean territory of Curaçao – possibly providing a precedent for recognition of European cross-border insolvencies in the UK post-Brexit.