Resolving Insolvency

Countries[edit]

The following countries have substantially implemented the Model Law into their domestic legislation.^[2]

State	Date of implementation	State	Date of implementation
Australia	2008	Bahrain	2018
Benin	2015	Brazil	2020
British Virgin Islands	2003^[8]	Burkina Faso	2015
Cameroon	2015	Canada	2005
Central African Republic	2015	Chad	2015
Chile	2013	Colombia	2006
Comoros	2015	Congo	2015
Côte d'Ivoire	2015	Democratic Republic of the Congo	2015
Equatorial Guinea	2015	Gabon	2015
Gibraltar	2014	Greece	2010
Guinea	2015	Guinea-Bissau	2015
Israel	2018	Japan	2000
Kenya	2015	Malawi	2015
Mali	2015	Mauritius	2009
Mexico	2000	Montenegro	2002
New Zealand	2006	Niger	2015
Philippines	2010	Poland	2003
South Korea	2006	Romania	2002
Senegal	2015	Serbia	2004
Seychelles	2013	Singapore	2017
Slovenia	2007	South Africa	2000
Togo	2015	Uganda	2011
United Kingdom	2006^[9]	United States	2005^[10]
Vanuatu	2013

Footnotes[edit]

1. 
   ^ Jump up to:^a b c d "UNCITRAL Model Law on Cross-Border Insolvency (1997)". UNCITRAL. Retrieved 7 June 2015.
   
2. 
   ^ Jump up to:^a b "Status - UNCITRAL Model Law on Cross-Border Insolvency (1997)". UNCITRAL. Retrieved 21 June 2018.
   
3. 
   ^ Model Law, Article 2(b)
   
4. 
   ^ Marcela Ouatu (1 October 2014). "Modified universalism for cross-border insolvencies: does it work in practice?" (PDF). University of British Columbia.
   
5. 
   ^ Model Law, Article 2(a)
   
6. 
   ^ Model Law, Article 6
   
7. 
   ^ Model Law, Article 13, paragraph 2
   
8. 
   ^ Although the British Virgin Islands has enacted provisions of the Model Law as Part XVIII of the Insolvency Act, 2003 (which came into force on 1 January 2004), that Part has not yet been brought into force. See generally: British Virgin Islands bankruptcy law.
   
9. 
   ^ See United Kingdom insolvency law - International insolvency
   
10. 
    ^ See Chapter 15, Title 11, United States Code.