Document Type : Original Article
Authors
1 Associate Professor of Law, College of Farabi, University of Tehran
2 PhD Student of Private Law, College of Farabi, University of Tehran
Abstract
Although resorting to arbitration is a common and desirable method for resolving international commercial disputes, insolvency disputes, remain within the jurisdiction of judicial, executive, and governmental institutions due to their connection to general economic and commercial public order. Therefore, resorting to a single institution for adjudication is ruled out and practically, these disputes resolution are dealt within the framework of multiple and independent institutions. This issue is more complicated regarding enterprise group insolvency. Facilitating disputes in this regard requires coordination and cooperation among role-playing institutions in this field including courts, liquidators, and other stakeholders. Due to the failure to establish uniform institutions, UNCITRAL has drafted a model law to coordinate insolvency proceedings in enterprise group. Consequently, regarding the necessity of understanding and achieving this model law results, this research, through a descriptive and analytical method, studies the dimensions and infrastructures for establishing communication and coordination among institutions and advancing coordinated and effective proceedings, while addresses adjudicating institutions independence under the UNCITRAL Model Law. On the other hand, it examines the anticipated arrangements for various stages of the proceedings
Keywords
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