traditional rules on recognition and enforcement of foreign judgments applied to judgments in insolvency proceedings, and secondly …, the act of lodging proof in foreign insolvency proceedings by a creditor meant that he had submitted to the jurisdiction … be appropriate recognition and enforcement rules for judgments in insolvency proceedings …

This paper investigates the effect of reforms of insolvency regulations on cross-border debt and equity investments at …-indicators on the efficiency of insolvency regulations, we find that investors prefer to invest more in countries with more efficient … insolvency frameworks. The effect, however, differs across sectors, with households and institutional investors being …