Jona Israel - Folly Bridge
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- Annotation
- PREFACE
- LIST OF ABBREVIATIONS
- CHAPTER ONE INTRODUCTION
- SECTION ONE MODERN CROSS-BORDER INSOLVENCY REGULATION: FROM STRUGGLE TO CO-OPERATION
- CHAPTER TWO PRINCIPLES OF CROSS-BORDER INSOLVENCY AND THE STRUGGLE OVER JURISDICTION
- 1. OBJECTIVES OF INSOLVENCY REGULATION
- 1 . 1 . D E P L O Y M E N T A N D D I S T R I B U T I O N
- 1.1.1. Deployment
- 1.1.2. Distribution
- 1 . 2 . N A T I O N A L SYSTEMS: O B J E C T I V E S A N D I N S T R U M E N T S
- 1.2.1, German)'
- 1.2.2. United Kingdom (England and Wales)
- 1.2.3. France
- 2. THE SCYLLA AND CHARIBDIS OF T E R R I T O R I A L I T Y AND UNIVERSALITY
- 2 . 1 . TE RR I T O R I A L I T Y - U N I V E RS A L I T Y A N D P L U R A L I T Y - U N I T Y
- 2 . 2 . T E R R I T O R I A L I TY
- 2.2.1. Territoriality and Collectivity
- 2.2.2. Plurality of Insolvency
- 2 . 3 . U N I V E R S A L I TY
- 2.3.1. Unity of Insolvency Forum
- 3. THE STRUGGLE OVER J U R I S D I C T I ON
- CHAPTER THREE MODERN CROSS-BORDER INSOLVENCY REGULATION: A NEW PARADIGM OF CO-OPERATION INTRODUCTION
- 1. C R O S S - B O R D E R INSOLVENCY C O - O P E R A T I ON IN NATIONAL SYSTEMS
- 1 . 1 . I N T R O D U C T I O N
- 1 . 2 . H I S T O R I C A N T H C H D H N T S
- 1 . 3 . U N I T E D STATES
- 1.3.1. Ancillary Proceedings
- 1.3.2. The Criteria for Relic] and Conflicts of Low
- 1.3.3. Concurrent Proceedings and Abstention
- 1 . 4 . U N I T E D K I N G D O M ( E N G L A N D A N D W A L E S )
- 1.4.1. Co-operation wider Common Law ami Ancillary Wimlm-Up
- 1.4.2. Section 426 Insolvency Act'
- 1 . 5 . A U S T R A L IA
- 1 . 6 . C A N A DA
- 1 . 7 . O T H E R D E V E L O P M E N T S
- 2. GLOBAL AMBITIONS: CO-OPERATION IN THE UNCITRAL MODEL LAW ON C R O S S - B O R D ER INSOLVENCY1 3 ' 1
- 2 . 1 . G E N E R AL
- 2 . 2 . N A T U R E O F M O D E L L AW A N D I M P L E M E N T A T I O N
- 2 . 3 . AIMS O F T H E U N C I T R A L M O D E L L AW
- 2 . 4 . M A I N T H E M E : C O - O P E R A T I O N A N D C O O R D I N A T I O N
- 2.4.1. The Scope of Duty to ('o-opcrate
- 2.4.2. Co-operation and C'oininnnieaiion
- 2.4.3. Access of Representatives to Courts and Proceedings
- 2.4.4. Position of Creditors
- 2 . 5 . R E C O G N I T I O N A N D I T S EFFECTS
- 2.5.1. Procedure for Recognition
- 2.5.2. The Effects of Recognition
- 2.5.3. Effect* of Recognition and Choice of Law
- 2 . 6 . C O - O R D I N A T I O N O P C O N C U R R E N T P R O C E E D I N G S
- 3. A NEW PARADIGM OF MODERN CROSSBORDER INSOLVENCY REGULATION: REGULATION THROUGH CO-OPERATION
- 3 . 1 . THE E V O L U T I O N O F C R O S S - B O R D E R I N S O L V E N CY C O - O P E R A T I O N
- 3 . 2 . A F R A M E W O R K FOR C O - O P E R A T I ON
- 3 . 3 . T H E O P E N - E N D E D N A T U R E O F C O - O P E R A T I O N AND C O N F L I C T S OF LAW
- 3 . 4 . D E P L O Y M E N T AND D I S T R I B U T I ON
- 3 . 5 . THE ' F U T U R E O F I N T E R N A T I O N A L I N S O L V E N C Y " : T O W A R D S U N I V E R S A L I T Y O R T R A N S - N A T I O N A L I T Y ?
- SECTION TWO COMMUNITY LAW AND CROSSBORDER INSOLVENCY REGULATION
- CHAPTER FOUR COMMUNITY LAW AND PRIVATE INTERNATIONAL LAW I N T R O D U C T I ON
- 1. FREEDOMS OF COMMUNITY LAW AND NATIONAL PRIVATE INTERNATIONAL LAW
- 1 . 1 . THE F R E E D O M S O F C O M M U N I T Y LAW
- 1.1.1. The Freedoms* Pervasive Neutrality
- 1 . 2 . M E T H O D S I N P R I V A T E I N T E R N A T I O N A L LAW
- 1 . 3 . THE F R E E D O M S A S L I M I T S T O M E M B E R S T A T E S ' P R I V A T E I N T E R N A T I O N A L LAW A U T O N O MY
- 1.3.1. Obstacles to Trade through Private International [.aw
- 1.3.2. Substantive Approach
- 1.3.3. Abstract Approach
- 1.3.4. Keck and Private International Law
- 1 . 4 . R E G U L A T O R Y I N T E R E ST
- 1.4.1. Non-Economic Interests
- 1.4.2. The 'Seat' of a Relationship
- 1 . 5 . R E G U L A T O R Y I N T E N S I TY
- 1.5.1. Necessity mid Proportionality of the Application of Mandatory Rules of Law
- 1.5.2. Necessity and Proportionality of Rules of Private International Law under the Abstract Approach
- 1.5.3. Suitability or Appropriateness
- 1 . 6 . R E G U L A T O R Y J U R I S D I C T I ON
- 1.6.I. Sufficiently Close Connection
- 1.6.2. Concurrent Regulatory jurisdiction
- 1.7. A F A V O R O F F E R F N T I S O R P A R T Y - A U T O N O M Y ?
- 2. COMMUNITY LAW AND S I S T E R MEMBER STATE MEASURES
- 2 . 1 . INTRODUCTION
- 2 . 2 . T H E P R I N C I P L E O F M U T U A L R E C O G N I T I O N
- 2 . 3 . DUTY O F C O - O P E R A T I ON
- 2.3.1. Duty of Mutual Assistance and Co-operation
- 2.3.2. Co-operation as Limitation on {the Exercise of) Regulatory Power
- 2.3.3. Co-operation as Extension of (the Exercise of) Regulatory Power: Co-operation in Regulatory Responsibility
- 2.3.4. Duty to Co-operate and Foreign Measures
- 2 . 4 . C O N C U R R E N T ( E X H R C I S L O F ) R E G U L A T O R Y J U R I S D I C T I O N : C O N E L I O T O E L A W S
- 2.4.1. Allocution of {Exclusive) Regulatory Jurisdiction
- 2.4.2. Principle of Preference: Choice for the Least Restrictive Measure
- 2.4.3. Co-operation in Conflict of Laws: Concurrent Regulatory Jurisdiction as Shared Regulatory Responsibility
- 3. A COM1TAS EUROPAEA
- CHAPTER FIVE COMMUNITY LAW AND UNIVERSALITY OF INSOLVENCY INTRODUCTION
- 1. OBSTACLE TO TRADE: UNIVERSAL APPLICATION OF THE LEX FORI CONCURSUS
- 1 . 1 . H I N D R A N C E T O I N T E R S T A T E T R A D E
- 1 . 2 . C A U S A L I T Y : A S U F F I C I E N T L Y D I R E C T A ND C E R T A I N E F F E C T?
- 1.2.1. Effect Must Re Sufficiently Certain and Direct
- 1.2.2. Secured Transactions
- 1.2.3. Unsecured Transactions
- 1. 3 . S U M M A RY
- 2. THE REGULATORY I N T E R E S T S : LOGIC AND LIMITS OF EUROPEAN INSOLVENCY LAW
- 2 . 1 . R E G U L A T O R Y I N T E R E S T S O F U N I V E R S A L I TY
- 2. 2. L O G I C A N D L I M I T S O F L U R O P L A N I N S O L V E N CY LAW
- 2 . 3 . E U R O P E A N LAW O E D E P L O Y M E N T
- 2.3. I. Economic Interests mid Mandatory Requirements
- 2.3.2. The Law on State Aids''
- 2.3.3. State Aids in Insolvency c~ Insolvency Low as Stole Aid
- 2.3.4. Distortion of Competition; Affecting Trade between Member States
- 2.3.5. Suite Aids Compatible with the Common Market
- 2.3.6. Compatible State Aids and Mandatory Requirements
- 2.3.7. Sitintnar
- 2 . 4 . E U R O P E A N LAW O F D I S T R I B U T I ON
- 2.4.1. Distribution Supporting Deployment
- 2.4.2. Independent Policies of(Re)D>istribution and Deployment
- 2.4.3. Transfer of Undertakings and Distributional Policies
- 2.4.4. Independent Interests in (Re)Distribution
- 3. REGULATORY I N T E N S I TY
- 3 . 1 . L A W O F D E P L O Y M E N T
- 3 . 2 . LAW O F D I S T R I B U T I ON
- 4. REGULATORY J U R I S D I C T I ON
- 4 . 1 . LAW O F D E P L O Y M E N T
- 4 . 2 . LAW O F U J S T R I B U ' F I ON
- CHAPTER SIX COMMUNITY LAW AND TERRITORIALITY OF INSOLVENCY INTRODUCTION
- 1. T E R R I T O R I A L I T Y ' S DEMISE: FROM T E R R I T O R I A L I T Y TO CO-OPERATION
- 2. THE DUTY OF CO-OPERATION IN CROSSBORDER INSOLVENCY
- 2 . 1 . C O N C U R R E N T R E G U L A T O R Y J U R I S D I C T I O N IN C R O S S - B O R D E R I N S O L V E N CY
- 2 . 2 . ' F I R S T C O M E , F I R S T S E R V E D ' O R S H A R ED R E G U L A T O R Y R E S P O N S I B I L I TY
- 2 . 3 . OF P O O L S O F F I S H AND P O O L S O F A S S E T S : T HE I M P O R T A N C E O F C O - O P E R A T I O N
- 3 . CROSS-BORDER INSOLVENCY CO-OPERATION EX COMITATE EUROPAEA
- SECTION THREE COUNCIL REGULATION 1346/2000 ON INSOLVENCY PROCEEDINGS
- CHAPTER SEVEN FROM A CONVENTION TO A REGULATION ON INSOLVENCY PROCEEDINGS INTRODUCTION
- 1. PRELIMINARY: THE CHOICE FOR CONFLICTS OF LAW
- 1 . 1 . I N T R O D U C T I O N
- 1 . 2 . F E D E R A L I Z A T I O N O F U N I T E D S T A T E S B A N K R U P T C Y LAW
- 1. 3 . F E D E R A E 1 S A T I O N OF US LAW ON R E O R G A N I S A T I O N
- 1 . 4 . O U T L O OK
- 2. FIRST STAGE: UNIVERSATITY AND UNITY AND THE DRAFT CONVENTION 1980
- 2 . 1 . I N T R O D U C T I ON
- 2 . 2 . THE D R A F T ' S B A S I C A P P R O A CH
- 2 . 3 . T H E A L L O C A T I O N O F J U R I S D I C T I O N
- 2 . 4 . C H O I C E O F LAW, S E C U R I T Y R I G H T S AND P R I O R I T I E S
- 3. THE SECOND STAGE: THE PARADIGM OF CO-OPERATION AND THE ISTANBUL CONVENTION
- 3 . 1 . I N T R O D U C T I ON
- 3 . 2 . M O D E S T A M B I T I O NS
- 3 . 3 . E X T R A - T E R R I T O R I A L P O W E R S O F L I Q U I D A T O RS
- 3 . 4 . S E C O N D A R Y P R O C E E D I N G S : A N I N S T R U M E N T OE C O M P R O M I S E
- 3.4.1. Opening and Consequences of Secondary Proceedings
- 3.4.2. Relationship of Main v Secondary Proceedings
- 3 . 5 . C R E D I T O R S ' R I G H T S C O N C E R N I N G I N F O R M A T I ON AND L O D G E M E N T O F C L A I MS
- 4. THIRD STAGE: THE CONVENTION AND COUNCIL REGULATION ON INSOLVENCY PROCEEDINGS
- CHAPTER EIGHT COUNCIL REGULATION 1346/2000 ON INSOLVENCY PROCEEDINGS INTRODUCTION
- 1. THE V A L I D I T Y OF THE REGULATION: THE LEGAL BASIS
- 1 . 1 . THE C H O I C E OE I EC I B A S IS
- 1. 2. SCOPE O F THF. P O W E R S O F A R T I C L E 6 1 / 6 5 EC1"
- 1.3. THE C O R R E C T LEGAL B A S I S F O R R E G U L A T I ON
- 1.4. P O S S I B L E C O N S E Q U E N C E S
- 2. THE S C O P E OF T H E REGULATION
- 2 . 1 . T E R R I T O R I A L S C O PE
- 2.1.2. The Position of the United Kingdom, Ireland and Denmark
- 2 . 2 . S U B S T A N T I V E S C O PH
- 2.2.1. Types of Proceedings (and I'btors) dnrretl
- 2.2.2. Reorganisation and Winding-up of Insurance Undertakings and Credit Institutions
- 2 . 3 . T E M P O R A L S C O PE
- 3. THE MAIN INSOLVENCY PROCEEDINGS
- 3 . 1 . A L L O C A T I O N O F J U R I S D I C T I O N
- 3.1.1. Primary jurisdiction: Centre of Main Interests
- 3.1.2. Jurisdictional Conflicts
- 3 . 2 . R E C O G N I T I O N AND T H E P O S I T I O N O H T H E L I Q U I D A T O R O E P R I M A R Y P R O C E E D I N GS
- 3.2.1. Recognition of the Main Insolvency Proceedings and its Effects
- 3.1.2. Provisioniil and Protective Measure
- 3.2.3. Publication and Registration
- 3.2.4. Recognition of Directly Related ami Other Judgments
- 3.2.5. Vis Attractiva Conairsus
- 3.2.6. The Exception of Public Policy
- 3 . 3 . C H O I C E O F L AW I N M A I N I N S O L V E N CY P R O C E E D I N G S
- 3.3.1. Preliminary Remarks
- 3.3.2. Lex Ion Concursus as Main Rule
- 3.3.3. Exceptions to the I ex Fori Coucitrsits' ~
- 3.3.3.1. Third Party Rights ;'// rem
- 3.3.3.2. Set-Off
- 3.3.3.3. Reservation of Title
- 3.3.3.4. Contracts Relating to Immovable Property
- 3.3.3.5. Contracts o f Employment
- 3.3.3.6. Fifed on Rights Subject to Registration
- 3.3.3.7. Detrimental Acts
- 3.3.3.8. Third Party Purchasers
- 4 . TERRITORIAL (SECONDARY) PROCEEDINGS
- 4 . 1 . I N T R O D U C T I ON
- 4 . 2 . A V A I L A B I L I T Y OF T E R R I T O R I A L P R O C E E D I NGS
- 4.2.1. Territorial jurisdiction: 'Establishment'
- 4.2.2. Independent Territorial Proceedings
- 4.2.3. Secondary Territorial Proceedings
- 4 . 3 . R E C O G N I T I O N A N D P O S I T I O N O F L I Q U I D A T O R O F T E R R I T O R I A L (S E C O N D A R Y ) P R O C E H I) INGS
- 4 . 4 . C H O I C E O F L AW I N S E C O N D A R Y P R O C E E D I N G S
- 4.4.1. Territorial Scope: Article 2(g)
- 4.4.2. Set-off
- 4.4.3. Executory (iontracts
- 4.4.4. Detrimental Acts
- 5. CO-ORDINATION AND C O - O P E R A T I ON
- 5 . 1 . THE GF.NERAI. D U T Y T O C O - O F ERATH
- 5 . 2 . C O - O R D I N A T I O N I N M A T T E R S O F D E P L O Y M E N T
- 5 . 3 . C O - O R D I N A T I O N I N M A T T E R S O F D I S T R I B U T I O N : C R E D I T O R ' S R I G H TS
- 6. CONCLUSION
- CHAPTER NINE SUMMARY & CONCLUSIONS: REGULATION 1346/2000, THE PARADIGM OF CO-OPERATION AND COMMUNITY LAW I N T R O D U C T I ON
- 1. THE PARADIGM OF C O - O P E R A T I O N AND REGULATION 1 3 4 6 / 2 0 00
- 1 . 1 . S U M M A R Y : F R O M S T R U G G L E T O C O - O P E R A T I O N
- 1.1.1. The Traditional Struggle over Jurisdiction
- 1.2. 'The Emergence of the Paradigm of Co-operation
- 1.2. R E G U L A T I O N 1 3 4 6 / 2 0 0 0 I N L I G H T O F T H E P A R A D I G M O F G O - O P F R A T I O N
- 1.2.1. Regulation 1346/2000 as an Exponent of the Co-operative Paradigm
- 1.2.2. Accommodation of Co-operation in Regulation 1346/2000
- 1 . 3 . AN E F F I C I E N T A N D E F F E C T I V E C O M M U N I T Y C R O S S - B O R D E R I N S O L V E N C Y R E G I ME
- 2. COMMUNITY LAW (COMITAS EUROPAEA) AND REGULATION 1 3 4 6 / 2 0 00
- 2 . 1 . S U M M A R Y : C O M M U N I T Y L AW AND C R O S S - B O R D E R I N S O L V E N C Y
- 2.1.1. Community law, Private International law and a Comitas Europaea
- 2.1.2. The Comitus Europaen and Cross-border Insolvency Regulation
- 2 . 2 . R E G U L A T I O N 1 3 4 6 / 2 0 0 0 IN L I G H T OF T H E COMITAS EUROPAEA
- 2.2.1. Invalidity of Regulation 1346/2000 on Insolvency Proceedings
- 2.2.2. Territorial Scope of Regulation
- 2.2.3. Interpretation of Regulation 1346/2000
- 2.2.4. Universal Main Proceedings
- 2.2.5. Secondary Proceedings
- BIBLIOGRAPHY
- I . UNCITRAL MODEL LAW ON C R O S S - B O R D ER INSOLVENCY
- I I . COUNCIL REGULATION ( E C ) NO. 1 3 4 6 / 2 0 0 0 OF 29 MAY 2 0 0 0 ON INSOLVENCY PROCEEDINGS