ABSTRACT
In July 2008, Australia and New Zealand were added to the list of 13 countries who had then incorporated the UNCITRAL Model Law on Cross-Border Insolvency Proceedings 1997 (‘Model Law’) into their domestic laws.1 It was no coincidence, given their geographic proximity and close economic ties, that the coming into force of the Model Law in New Zealand happened a few weeks after its enactment in Australia.
