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Effect of Party Insolvency on Arbitration Proceedings Recent Decisions Give Pause for Thought in Testing Times



by Jonathan H. Sutcliffe
Fulbright & Jaworski L.L.P. - London Office

James Rogers
Fulbright & Jaworski L.L.P. - London Office

August 19, 2009

The current state of the global economy has seen a marked rise in the number of corporate insolvencies. With commercial disputes also on the increase in recessionary times, many parties will be left contemplating claims against insolvent entities. In cross-border disputes, claimants will have the added hurdle of dealing with unfamiliar foreign insolvency legislation.


 

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