Navigating The Legal Landscape Of Cross- Border Mergers And Insolvency
- IJLLR Journal
- May 15, 2023
- 1 min read
Bharath Sankar P.S., BBA LLB (Hons.), School of Legal Studies, REVA University
ABSTRACT
This article provides a comprehensive overview of the legal framework surrounding cross-border mergers and cross-border insolvency. As the global economy continues to expand, businesses are increasingly engaged in cross-border mergers and acquisitions, which can include complicated legal and regulatory difficulties. The article discusses the different legal approaches to cross-border mergers and the potential challenges that arise when dealing with different legal systems. It examines the relevant international and domestic laws and regulations that govern these complex transactions, including the European Union Cross-Border Merger Directive and the UNCITRAL Model Law on Cross-Border Insolvency.
The article highlights best practices and potential pitfalls for companies engaging in cross-border mergers and acquisitions. It also provides the various benefits and challenges that are mainly faced during the course of cross border mergers and insolvency proceedings.