Cases relating to application and interpretation of the model law are reported in the clout case law on uncitral texts system related instruments uncitral practice guide on cross border insolvency cooperation 2009 uncitral model law on cross border insolvency the judicial perspective. Cross border insolvency is an increasingly topical issue and cross border insolvency practice continues to develop rapidly cross border insolvency a commentary on the uncitral model law 4th ed is an updated enhanced edition covering the national implementation of the united nations commission on international trade law model law on cross border insolvency. Uncitral model law on cross border insolvency implementation act 2018 bill no112 pl2018 60 629 necessary to implement cooperation and coordination under sections 625 626 and 627 to other assets of the debtor that under the law of the republic. Law on cross border insolvency the model law is a suitable framework for new zealand to adopt to deal with cross border insolvency issues only recently has the understanding that a bankruptcy system is central to fundamental economic reform risen to an international level focusing attention on the problem of cross border insolvency
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