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Trade may be globalised, but insolvency regimes are not

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Trade has become ever more global in recent decades, much of it dominated by more and more powerful multinationals with bewilderingly complex corporate structures.

 

This is generating increasing volumes of cross-border issues on debt recovery and fraud investigation, some of which need resolving through some form of restructuring or insolvency process.

 

Unfortunately, very few of these disputes can be settled on a consensual basis or within one jurisdiction.

 

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