Chapter 15 and Cross-Border Insolvency

Shumaker, Loop & Kendrick, LLP
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One by-product of the “globalization” of business is the homogenization of business practices. Businesses naturally seek and promote an environment and “rules” that are predictable, which allow for effective risk management. For example, international sales contracts and international dispute resolution have become somewhat “internationalized” through the course of dealing among companies and the use of international treaties.

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