Asian Insolvency Systems: Closing the Implementation Gap

Future developments in cross-border insolvency law

DOI:https://dx.doi.org/10.1787/9789264038332-19-en

For centuries, jurisdictions followed the so called territoriality principle; i.e. they closed their doors to foreign administrators (and creditors as well) and did not allow their law to reach out beyond the borders of their respective ...



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