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- W55266871 abstract "An increasing number of multinational insolvencies has created a need for coordination among national courts. The idea of 'modified universalism' has gathered broad support as an approach to that coordination. That approach requires identification of one jurisdiction as the site of the 'main' proceeding through which the coordination may be done, but that requirement in turn creates the risk of forum shopping. The problem of claiming main status for a proceeding commenced in an inappropriate forum is addressed by a test: the main proceeding is located in the jurisdiction of the 'centre of main interests' of the debtor (COMI). Inevitably, a debate has arisen about the proper application of the COMI test. This paper asserts that the key factor in that debate should be the public interest in insolvency cases. That assertion is part of the larger debate concerning the goals of bankruptcy law, whether to serve the purely private purposes of the parties directly involved or to achieve important public goals as well." @default.
- W55266871 created "2016-06-24" @default.
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- W55266871 date "2013-01-01" @default.
- W55266871 modified "2023-09-26" @default.
- W55266871 title "Bankruptcy Tourism and FNC" @default.
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- W55266871 hasPublicationYear "2013" @default.
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