Recent Developments In Selected Asian Countries’ Bankruptcy Laws: Should Multinational Company Strategists Be Concerned

Authors

Jane LeMaster, The University of Texas Rio Grande ValleyFollow
Clara Downey, The University of Texas Rio Grande Valley
Francis J. Brewerton, The University of Texas Rio Grande ValleyFollow

Document Type

Article

Publication Date

2007

Abstract

This paper explains why multinational companies should be concerned about adjudication of international insolvencies. The Territorialism and Universalism Models of bankruptcy law are reviewed and employed as a backdrop to describe recent developments in the insolvency laws of four Asian nations. We conclude with an assessment of the status of the selected Asian nations’ insolvency laws, progress toward a uniform global system for resolving multinational insolvencies, and the strategic implications these developments hold for strategy formulation.

Comments

Original published version available at https://doi.org/10.19030/iber.v6i10.3414

Recommended Citation

LeMaster, J., Downey, C., & Brewerton, F. (2007). Recent Developments In Selected Asian Countries Bankruptcy Laws: Should Multinational Company Strategists Be Concerned?. International Business & Economics Research Journal (IBER), 6(10). https://doi.org/10.19030/iber.v6i10.3414

Creative Commons License

This work is licensed under a Creative Commons Attribution 3.0 License.

Publication Title

International Business & Economics Research Journal

DOI

10.19030/iber.v6i10.3414