SYSTEMY MIĘDZYNARODOWEGO PRAWA UPADŁOŚCIOWEGO
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Date
2007
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Wydział Prawa i Administracji UAM
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SYSTEMS OF INTERNATIONAL BANKRUPTCY LAW
Abstract
The dynamically increasing number of transnational corporations in the global economy
determines, especially in crisis periods, the rise in the number of transnational bankruptcies.
Recently there have been a number of spectacular transnational bankruptcies such as: Parmalat,
Yukos, Daewoo. As a result, this issue attracts interests of both practitioners and theory makers.
This paper presents five bankruptcy system proposals (universalism, territorialism, cooperative
territoriality, modified universalism and Rasmussen’s corporate-charter contractualism). The author
has conducted a comparative analysis o f the above mentioned systems showing their advantages and
disadvantages and presented their implementation in practice.
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Citation
Ruch Prawniczy, Ekonomiczny i Socjologiczny 69, 2007, z. 3, s. 57-72.