ISSN 2394-5125
 

Research Article 


THE PROBLEM OF INTERNATIONAL INSOLVENCY RULE BETWEEN WHAT IT IS AND THE MECHANISM FOR ITS RECOGNITION IN JORDANIAN LEGISLATION

MOHAMMAD NASER ABDUL KARIM ALKHAWALDEH.

Abstract
This study dealt with the legal regulation of international insolvency through a section on defining the nature of international insolvency and setting a specific standard for the international character of insolvency in accordance with the Jordanian insolvency law and in accordance with the UNCITRAL Model Insolvency Law. This study also showed how to request a declaration of insolvency by a foreign insolvency agent and a request for recognition of foreign insolvency procedures.
This study addressed a fundamental problem represented in the adequacy of the legal texts regulating international insolvency in the Jordanian Insolvency Law No. (21) of 2018 and the extent to which it addresses cases of cross-border insolvency in a manner that ensures the interests of the insolvent debtor on one hand and creditors on the other hand.

Key words: international insolvency , mechanism , Jordanian legislation .


 
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How to Cite this Article
Pubmed Style

MOHAMMAD NASER ABDUL KARIM ALKHAWALDEH. THE PROBLEM OF INTERNATIONAL INSOLVENCY RULE BETWEEN WHAT IT IS AND THE MECHANISM FOR ITS RECOGNITION IN JORDANIAN LEGISLATION. JCR. 2020; 7(19): 3549-3560. doi:10.31838/jcr.07.19.421


Web Style

MOHAMMAD NASER ABDUL KARIM ALKHAWALDEH. THE PROBLEM OF INTERNATIONAL INSOLVENCY RULE BETWEEN WHAT IT IS AND THE MECHANISM FOR ITS RECOGNITION IN JORDANIAN LEGISLATION. http://www.jcreview.com/?mno=124429 [Access: September 14, 2020]. doi:10.31838/jcr.07.19.421


AMA (American Medical Association) Style

MOHAMMAD NASER ABDUL KARIM ALKHAWALDEH. THE PROBLEM OF INTERNATIONAL INSOLVENCY RULE BETWEEN WHAT IT IS AND THE MECHANISM FOR ITS RECOGNITION IN JORDANIAN LEGISLATION. JCR. 2020; 7(19): 3549-3560. doi:10.31838/jcr.07.19.421



Vancouver/ICMJE Style

MOHAMMAD NASER ABDUL KARIM ALKHAWALDEH. THE PROBLEM OF INTERNATIONAL INSOLVENCY RULE BETWEEN WHAT IT IS AND THE MECHANISM FOR ITS RECOGNITION IN JORDANIAN LEGISLATION. JCR. (2020), [cited September 14, 2020]; 7(19): 3549-3560. doi:10.31838/jcr.07.19.421



Harvard Style

MOHAMMAD NASER ABDUL KARIM ALKHAWALDEH (2020) THE PROBLEM OF INTERNATIONAL INSOLVENCY RULE BETWEEN WHAT IT IS AND THE MECHANISM FOR ITS RECOGNITION IN JORDANIAN LEGISLATION. JCR, 7 (19), 3549-3560. doi:10.31838/jcr.07.19.421



Turabian Style

MOHAMMAD NASER ABDUL KARIM ALKHAWALDEH. 2020. THE PROBLEM OF INTERNATIONAL INSOLVENCY RULE BETWEEN WHAT IT IS AND THE MECHANISM FOR ITS RECOGNITION IN JORDANIAN LEGISLATION. Journal of Critical Reviews, 7 (19), 3549-3560. doi:10.31838/jcr.07.19.421



Chicago Style

MOHAMMAD NASER ABDUL KARIM ALKHAWALDEH. "THE PROBLEM OF INTERNATIONAL INSOLVENCY RULE BETWEEN WHAT IT IS AND THE MECHANISM FOR ITS RECOGNITION IN JORDANIAN LEGISLATION." Journal of Critical Reviews 7 (2020), 3549-3560. doi:10.31838/jcr.07.19.421



MLA (The Modern Language Association) Style

MOHAMMAD NASER ABDUL KARIM ALKHAWALDEH. "THE PROBLEM OF INTERNATIONAL INSOLVENCY RULE BETWEEN WHAT IT IS AND THE MECHANISM FOR ITS RECOGNITION IN JORDANIAN LEGISLATION." Journal of Critical Reviews 7.19 (2020), 3549-3560. Print. doi:10.31838/jcr.07.19.421



APA (American Psychological Association) Style

MOHAMMAD NASER ABDUL KARIM ALKHAWALDEH (2020) THE PROBLEM OF INTERNATIONAL INSOLVENCY RULE BETWEEN WHAT IT IS AND THE MECHANISM FOR ITS RECOGNITION IN JORDANIAN LEGISLATION. Journal of Critical Reviews, 7 (19), 3549-3560. doi:10.31838/jcr.07.19.421