What if your global corporate group is falling on hard times? What legal strategy should you pursue based on local law and practice? This program will review the laws relevant to pursuing the best strategy including how to deal with other creditors from other jurisdictions, how to deal with local owners of companies in the group who may not recognize the principle that creditors have priority, the impact of the UNCITRAL model law on cross-border insolvency, and UNCITRAL deliberations of the issues presented by corporate groups, among others.