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1 Int'l Insolvency Rev. 1 (1990-1991)

handle is hein.journals/intvcy1 and id is 1 raw text is: International Recognition of Foreign Insolvency Proceedings: The Canadian Perspective Derrick C. Tay and Pandora D. Strasler* The movement towards liberalization of world trade laws and the increasing economic interdependence between nations has increased the potential for inter- national insolvencies. This article examines the extent to which Canadian courts recognize foreign insolvency proceedings and contrasts the Canadian approach with the approaches taken in the United Kingdom and the United States. La lib6ralisation des lois commerciales internationales et l'interddpendance conomique croissante entre les pays ont augenti les possibilitis de faillites. Cet article examine dans quelle mesure les tribunaux canadiens reconnaissent les procidures 9trangires relatives i la faillite et contraste l'approche canadienne avec celles du Royaume-Uni at des Ettats-Unis. * Derrick C. Tay, LL.B., is a partner and Pandora D. Strasler, LL.B., is an associate at Osler, Hoskin & Harcourt, Toronto, Ontario.