What does cross-border insolvency mean?
Definitions for cross-border insolvency
cross-bor·der insol·ven·cy
This dictionary definitions page includes all the possible meanings, example usage and translations of the word cross-border insolvency.
Wikipedia
Cross-border insolvency
Cross-border insolvency (sometimes called international insolvency) regulates the treatment of financially distressed debtors where such debtors have assets or creditors in more than one country. Typically, cross-border insolvency is more concerned with the insolvency of companies that operate in more than one country rather than bankruptcy of individuals. Like traditional conflict of laws rules, cross-border insolvency focuses upon three areas: choice of law rules, jurisdiction rules and enforcement of judgment rules. However, in relation to insolvency, the principal focus tends to be the recognition of foreign insolvency officials and their powers.
Numerology
Chaldean Numerology
The numerical value of cross-border insolvency in Chaldean Numerology is: 7
Pythagorean Numerology
The numerical value of cross-border insolvency in Pythagorean Numerology is: 4
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"cross-border insolvency." Definitions.net. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.definitions.net/definition/cross-border+insolvency>.
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