CROSS-BORDER INSOLVENCY AND INSOLVENCY OF INDIVIDUALS
The conflict of jurisdictions in the procedure for the recognition of foreign judgments in the matter of insolvency of individuals requires the establishment of clear rules on the choice of forum, the recognition and effects (enforcement) of foreign judgments, the choice of applicable law. International insolvency cooperation is a real necessity and problem for the legislative authorities, for justice, for practitioners and for other specialists
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