1887

1996 Meeting of Commonwealth Law Ministers and Senior Officials

Kuala Lumpur, Malaysia, 15–19 April 1996

image of 1996 Meeting of Commonwealth Law Ministers and Senior Officials

Memoranda of meeting of Commonwealth Law Ministers and Senior Officials held in Kuala Lumpur, Malaysia, 15-19 April 1996.

English

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Cross-Border Insolvency: A Need for Commonwealth Action?

Insolvency law has been described as the foundation of commercial law. Certainly, a great number of business decisions are made and transactions structured with reference to what will happen if one or more of the parties enters an insolvency procedure. The insolvency law regime will often exert a decisive influence on the whole range of decisions relevant to the extension of credit, and in particular bank lending.

English

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