Road to Adoption: U.K.’s Consultation on the Implementation of two UNCITRAL Model Laws
The following session took place during International Insolvency & Restructuring Symposium in October 2022. This panel will discuss the Model Law on Recognition and Enforcement of Insolvency-Related Judgments and the Model Law on Enterprise Group Insolvency. The U.K. has begun an open consultation period on whether to adopt these two model laws as a complement to the Model Law on Cross-Border Insolvency. The planelists will explore the questions presented by the U.K. Insolvency Service, the reasons for enactment, and issues related thereto.