Deeds of Arrangement, Trusts, and Executors

Learning ObjectivesBy the end of this chapter, the readers are supposed to be able to: 1. Describe the idea of transnational insolvency and international connectedness.2. Know UNCITRAL Model Law on Cross-Border Insolvency.3. Comparison of insolvency laws in the U.S., U.K., EU and other jurisdictions.4. Explain how foreign insolvency proceedings are identified.5. Examine the preparedness of Nigeria to adopt cross-border insolvency.6.Consider the advantages and the difficulties of unifying international laws on insolvency.7. Know the importance of international arbitration and treaties in international insolvency.8. Evaluate case studies in the context of insolvency of multinational corporations.