Research Briefs·Feb 27, 2024

A Commitment Rule for Insolvency Forum

A new commitment rule regarding forums for international insolvency would not only benefit debtors and creditors, but also society at large by supporting the development of financial markets, entrepreneurial innovation, and economic growth.
Anthony J. Casey, Aurelio Gurrea-Martínez, and Robert K. Rasmussen
Based on BFI Working Paper No. 2024-06, “A Commitment Rule for Insolvency Forum”
¹Wolynski, Todd K., et al. (2023), “Navigating turbulence: Latin American airlines in chapter 11,” White and Case: bit.ly/3SRXwnJ
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