WIESBADEN: International insolvency legislation – separated by a common language?
Wiesbaden's Kurhaus - or spa house - at night (Credit: iStock.com/ollo)
Different implementing legislation for the UNCITRAL Model Law in the US and the UK has created two countries separated by a common language, speakers argued at a recent panel in Germany – as a former Cologne bankruptcy judge argued that Germany’s own international insolvency law is sufficient to get along without the Model Law.
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