{"iri":"http://lmss.sali.org/RCH6QfDmL0LVgc1n4uJvwKk","id":"RCH6QfDmL0LVgc1n4uJvwKk","label":"Recognition of Foreign Insolvency","definition":"Recognition of foreign insolvency involves a domestic court acknowledging and giving effect to an insolvency proceeding initiated in another country. This legal process facilitates cooperation between jurisdictions, enabling efficient administration and resolution of cross-border insolvency cases.","prefLabels":[],"altLabels":[],"examples":[],"notes":[],"sources":[],"branch":{"iri":"http://lmss.sali.org/RlNFgB3TQfMzV26V4V7u4E","label":"Objectives"},"parents":[{"iri":"http://lmss.sali.org/RDbrzFzgheftqJ09xcT2ICs","id":"RDbrzFzgheftqJ09xcT2ICs","label":"Recognition of Foreign Restructuring Objectives"}],"children":[],"relations":[],"url":"https://lmss.io/tag/RCH6QfDmL0LVgc1n4uJvwKk/","source":{"repo":"sali-legal/LMSS","ref":"3f9ac0c9357b2a971582ae79ede243511d47811d","channel":"pre-release"}}