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UNCITRAL Model Law on Recognition and Enforcement of Insolvency-Related Judgments with Guide to Enactment

image of UNCITRAL Model Law on Recognition and Enforcement of Insolvency-Related Judgments with Guide to Enactment

The Model Law on Recognition and Enforcement of Insolvency-Related Judgments (MLIJ) is designed to provide States with a simple, straightforward and harmonized procedure for recognition and enforcement of insolvency-related judgments and complements the UNCITRAL Model Law on Cross-Border Insolvency to further assist the conduct of cross-border insolvency proceedings.

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Purpose and origin of the model law

1. The UNCITRAL Model Law on Recognition and Enforcement of Insolvency-Related Judgments, adopted in 2018, is designed to assist States to equip their laws with a framework of provisions for recognizing and enforcing insolvency-related judgments that will facilitate the conduct of cross-border insolvency proceedings and complement the UNCITRAL Model Law on Cross-Border Insolvency (the MLCBI).

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