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An Australian perspective – directors’ duties in an insolvency context: existing regulations and opportunities for reform under UNCITRAL Legislative Guide framework

By Scott Atkins (AU) & Dr. Kai Luck (AU) on June 23, 2021
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UNCITRAL’s Legislative Guide on Insolvency Law is one of the key international policy frameworks intended to assist lawmakers globally to implement optimal insolvency processes.  It contains an outline of the objects and principles that should be reflected in domestic and cross-border insolvency systems to achieve the balance that a best-practice insolvency regime aspires to: efficiency and cost effectiveness on the one hand and fairness to competing creditors on the other hand.

Read the full article which first appeared in SMU’s Singapore Global Restructuring Initiative blog on June 14, 2021.

Photo of Scott Atkins (AU) Scott Atkins (AU)
Read more about Scott Atkins (AU)Email
Photo of Dr. Kai Luck (AU) Dr. Kai Luck (AU)
Read more about Dr. Kai Luck (AU)Email
  • Posted in:
    Bankruptcy
  • Blog:
    Zone of Insolvency
  • Organization:
    Norton Rose Fulbright
  • Article: View Original Source

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