Procedural features of consideration of insolvency cases with the participation of a foreign element in the Republic of Uzbekistan
Keywords:
Cross-border bankruptcy, insolvency, economic processAbstract
This article examines the procedural aspects of cross-border insolvency (bankruptcy) proceedings in the Republic of Uzbekistan. It analyzes the impact of the Law of the Republic of Uzbekistan "On Insolvency" (2022) and the Economic Procedure Code on the status of foreign creditors and debtors. The application of international treaties, the principle of reciprocity, and the exequatur of foreign judicial decisions are considered. The need to implement the UNCITRAL Model Law on Cross-Border Insolvency to enhance the country's investment attractiveness is substantiated
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