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This book provides an analysis and comparison of international
insolvency rules, maritime laws and their inevitable intersection
in maritime cross-border insolvencies. Until today, the on-going
shipping crisis resulted in the insolvency of numerous shipping
companies all over the world. The tensions arising between the
legal systems of maritime and insolvency law, paired with conflicts
of law in maritime insolvencies, are a major source of legal
uncertainty and risk. In 2010, the Comite Maritime International
installed an international working group on international maritime
insolvencies and until today it is work in progress. This book
gives an overview on maritime insolvencies, with a focus on
Germany, England & Wales and the USA, and assesses the chances
of achieving meaningful harmonization in the complex scenarios,
where ships as mobile assets add a further complication to
international insolvency proceedings.
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