Cross-Border Insolvency in a Global Economy Characterized by Trade Disputes and Uncertainty
The globalization of the economy is irreversible. The international impact of insolvency processes is increasing, and various global phenomena such as trade disputes, migration and the coronavirus have altered our interpretation and understanding of the current economic reality. Companies have suffered the effects of the lockdown caused by Covid-19; now, they will have to face the challenges of a new world order in which bankruptcy protection is, for many of them, often the only viable option for their survival.