Brexit: The International Legal Implications
A Centre for International Governance Innovation and British Institute of International and Comparative Law Series
Paper No. 17 - March 2018
This paper addresses the main problems arising from the United Kingdom’s decision to leave the European Union with regard to insolvency proceedings. The authors, including Morrison & Foerster’s Howard Morris, look at a number of issues, including: the modes of recognition of foreign insolvency proceedings under British law and the likely effect of Brexit; the impact of Brexit on forum and law shopping; the reform proposal for British workout procedures; and the use of British workout procedures by EU companies.