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Article 15 of the UNCITRAL (United Nations Commission on International Trade Law, the “Model Law”) sets out the basis upon which foreign liquidators should be recognized and forms a blueprint for international cooperation in cross border liquidations.
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Article 15 COMI: The Registered Office Presumption and the Protection of Reasonable Expectations
This article was co-authored with Simon Whicker, Joint Official Liquidator of KPMG in the Cayman Islands, and was originally published in the Third Quarter 2010 issue of INSOL World.