Hong Kong Court Addresses Interplay Between Arbitration and Insolvency
Hong Kong, India, Singapore, Arbitration & ADR, Insolvency & Restructuring, Litigation, Morrison & Foerster LLP, Debtor, Singapore International Arbitration Centre
The adoption of new international guidelines on cross-border insolvency matters by the BVI courts has been welcomed by Ogier insolvency law specialist Nicholas Brookes.
The Judicial Insolvency Network guidelines – drafted in 2016 by ten insolvency judges from international jurisdictions, including a BVI Commercial Court Judge – aim to create co-operation and communication between courts on cross-jurisdiction proceedings, and to minimise the time and expense involved in litigation.