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Navigating Cross-Border Insolvency Protocols
This chapter provides an in-depth examination of cross-border insolvency protocols, focusing on their historical development, legal frameworks, and practical significance in coordinating insolvency proceedings across jurisdictions. It highlights notable case studies, such as Lehman Brothers and Three Arrows Capital, to demonstrate the relevance and evolution of these protocols in both traditional and modern contexts. The discussion also addresses the challenges in global adoption and varying legal complexities that impact the efficacy of these protocols.