Cross Border Insolvency issues can occur when financially distressed debtors own assets or have creditors in more than one country. As a result of the growth in cross-border insolvency, the corresponding increase in accompanying legal issues has added to the complexity of this process. With proper legal advice however, it need not be more stressful.
At Healys, we are experts in cross-border insolvency. Our specialist lawyers can help you navigate this complex process, so you can get back on your feet and keep moving forward.
We represent appointment takers, creditors and other stakeholders in cross-border insolvency matters, with specific expertise with regard to the recognition of foreign insolvency officials and their powers, as well as issues relating to choice of law rules, jurisdiction rules and rules as to the enforcement of judgments. Our team is well-versed in negotiating and coordinating multi-jurisdictional insolvencies with external officials and third parties to reach the best possible outcome for our clients in a swift manner.