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

GRR Live, New York: Uncertainty will be weaponised

By Kyriaki Karadelis

26 February 2019

GRR Live, New York: Uncertainty will be weaponised Lisa Schweitzer, Don Bernstein, Judge Sean Lane, Patrick Ang and Lynn Harrison

Cross-border insolvencies are growing in number and bringing with them new challenges to jurisdiction and recognition that raise doubts on the continued validity of old common law rules. Unless the world moves towards a borderless, more harmonised system the uncertainty will be weaponised, a panel at GRR Live New York warned.