🔌 Cross-border insolvency laws

A cross-border insolvency law is a legal framework that provides for the recognition and enforcement of insolvency-related judgments and orders across national borders. The law also sets out the procedures for the administration of cross-border insolvency cases. The main purpose of cross-border insolvency laws is to protect the interests of creditors and debtors in cross-border insolvency cases. The laws also aim to promote the efficient and orderly resolution of cross-border insolvency cases.

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