AN ANALYTICAL REVIEW OF THE UNITED NATIONS COMMISSION ON INTERNATIONAL TRADE LAW (UNCITRAL) MODEL LAW

DR. AZIZ YAHYA

Abstract

National insolvency laws provide treatment
and remedy to the issues arising out of the
corporate restructuring drives within the
jurisdictions of the national laws. This excludes
the remedy to the cross-border corporate
restructuring exercises especially when there is
one or more companies are subjects of foreign
laws giving no exclusive authority to any
particular country-laws. As a remedy, The
United Nations Commission on International
Trade Law (UNCITRAL) has come with the
Model Law for the cross border mergers &
acquisitions exercise. This paper caries out an
analytical study of the UNICITRAL Model Law.

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