Contact: John Hartgen
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(703) 739-0800
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href='mailto:jhartgen@abiworld.org'>
color='#0000ff' size='3'>jhartgen@abiworld.org
ABI PUBLISHES
BOOK ON CROSS-BORDER INSOLVENCY
size='3'>December 19, 2008, Alexandria, Va.
— The American Bankruptcy Institute released
the Guide to
Cross-border Insolvency in the United States
size='3'>to assist bankruptcy practitioners involved in international
insolvency issues. The
size='3'>Guide addresses the history of the
UNCITRAL Model Law on Cross-border Insolvency, which the United Nations
Commission on International Trade Law adopted in 1997 after five years
of nations. Thirteen nations have now adopted this law, which includes
the United States’ adoption of chapter 15 as part of the
Bankruptcy Abuse Prevention and Consumer Protection Act of
2005.
Authors
face='Times New Roman' size='3'>Daniel M. Glosband
size='3'>of Goodwin Procter LLP (Boston) Bankruptcy Judge
Burton Lifland
size='3'>(S.D.N.Y; New York),
size='3'>George M. Kelakos of Kelakos Advisors
LLC (Greenwich, Conn.) and
size='3'>Josefina McEvoy of K&L Gates
LLP (Los
Angeles) discuss chapter 15 and its provisions in
detail, providing helpful insight to the practitioner. In addition, the
authors discuss the U.S.’s international insolvency law before its
adoption of chapter 15, and there is an extensive discussion of
repealed §304 of the Bankruptcy Code, how it
worked in practice and how chapter 15 is fundamentally different. The
book also includes a comprehensive chart describing the treatment of
cross-border insolvencies by each of almost 40
countries.
Members of the press interested
in interviewing the authors should contact John Hartgen at 703-739-0800
or jhartgen@abiworld.org
face='Times New Roman'>. The 92-page softbound
Guide
size='3'>is available for purchase ($25 ABI members; $45 non-members) at
ABI's Online Bookstore. Click here to order.
href='http://www.abiworld.org/abistore'>
color='#0000ff' size='3'>http://www.abiworld.org/abistore
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education on matters related to insolvency. ABI was founded in 1982 to
provide Congress and the public with unbiased analysis of bankruptcy
issues. The ABI membership includes nearly 11,700 attorneys,
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specialists and other bankruptcy professionals, providing a forum for
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ABI, visit www.abiworld.org. For additional conference information,
visit
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