Czech Cross-Border Insolvency Rules in Comparison with the UNCITRAL Model Law
|Author:||Bc. Pavel Martiník|
|Year:||2016 - summer|
|Leaders:|| doc. JUDr. Tomáš Richter LL.M., Ph.D.
|Work type:|| Bachelors
|Awards and prizes:|
|Abstract:||The Thesis compares UNCITRAL Model Rules on Cross-Border Insolvencies with current Czech
legislation. In the first part, it briefly depicts main cross-border insolvency systems, as they were
developed by leading scholars. Furthermore, the protocols, as a unique solution to a multinational
default are discussed. In the second part, it applies principles of economic approach to law and discusses
the pros and cons of the Czech system in comparison to the Model Rules using specific examples. The
outcome of the Thesis is analysis of several features the Model Rules and Czech legislation differs.