The Reform of Namibia’s Cross-Border Insolvency Framework
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Date
2015
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
University of the Western Cape
Abstract
This paper argues that there is a need for an improved cross-border insolvency regime as the common law principles applied in Namibia are outdated and thus ill-equipped to deal with present-day complex issues of cross-border insolvency. The lack of literature on issues of crossborder insolvency belies the importance of cross-border insolvency in African developing countries like Namibia who seek to encourage trade and investment in the hope of achieving economic development. In the final section of chapter one, the paper will consider the Model Law as the basis needed to develop clear, fair and predictable rules to effectively deal with the
various aspects of cross-border insolvencies in Namibia.
Description
Magister Legum - LLM
Keywords
Insolvency, Cross-border insolvency, United Nations Commission on International Trade Law, UNCITRAL Model Law on Cross-Border Insolvency, Namibia