INTERNATIONAL ARBITRATION

Tag Archives: assets in several jurisdictions

Ukrainian Post-Crisis Banking System: Ways of Solving Operational Issues

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Cross-border insolvency proceedings in Ukraine

On 19 January 2013 a new draft of the Ukrainian Law on Restoring Debtor’s Solvency or Declaring Debtor Bankrupt (hereinafter referred to as the “Law”) came into effect. The new draft introduced into Ukrainian legislation the cross-border insolvency concept which is well-known to the majority of jurisdictions.