Cross-Border Insolvency(±¹Á¦µµ»ê)
Relations With Foreign Courts(¿Ü±¹ ¹ý¿ø°úÀÇ °ü°è)
Memorandum of Understanding with the U.S. Bankruptcy Court for the Southern District of New York
The Seoul Bankruptcy Court and the U.S. Bankruptcy Court for the Southern District of New York, having each adopted cross-border insolvency laws based on the model law drafted by the United Nations Commission of International Trade Law, have executed a Memorandum of Understanding on the 23rd day of April, 2018. The link to the PDF of the Memorandum can be found here
¼¿ïȸ»ý¹ý¿ø°ú ¹Ì±¹´º¿å³²ºÎ¿¬¹æÆÄ»ê¹ý¿øÀº ¸ðµÎ ±¹Á¦¿¬ÇÕ±¹Á¦»ó°Å·¡¹ý À§¿øȸÀÇ ¸ðµ¨¹ý¿¡ ±âÃÊÇÑ ±¹Á¦µµ»ê¿¡ °üÇÑ ±ÔÁ¤À» Àû¿ëÇÏ°í ÀÖ´Â ´ç»çÀÚµé·Î¼, 2018. 4. 23. ¾÷¹«Çù¾àÀ» ü°áÇÏ¿´´Ù. Çù¾àÀÇ PDF ÆÄÀÏÀº ÀÌ°÷¿¡¼ ¿¾îº¼ ¼ö ÀÖ´Ù.
Memorandum of Understanding with the Supreme Court of Singapore
The Seoul Bankruptcy Court and the Supreme Court of Singapore, having each adopted cross-border insolvency laws based on the model law drafted by the United Nations Commission of International Trade Law, have executed a Memorandum of Understanding on the 16th day of May, 2018. The link to the PDF of the Memorandum can be found here.
¼¿ïȸ»ý¹ý¿ø°ú ½Ì°¡Æ÷¸£ ´ë¹ý¿øÀº ¸ðµÎ ±¹Á¦¿¬ÇÕ±¹Á¦»ó°Å·¡¹ý À§¿øȸÀÇ ¸ðµ¨¹ý¿¡ ±âÃÊÇÑ ±¹Á¦µµ»ê¿¡ °üÇÑ ±ÔÁ¤À» Àû¿ëÇÏ°í ÀÖ´Â ´ç»çÀÚµé·Î¼, 2018. 5. 16. ¾÷¹«Çù¾àÀ» ü°áÇÏ¿´´Ù. Çù¾àÀÇ PDF ÆÄÀÏÀº ÀÌ°÷¿¡¼ ¿¾îº¼ ¼ö ÀÖ´Ù.
Adoption of the JIN Guidelines
The Seoul Bankruptcy Court adopted the Guidelines for Communication and Cooperation Between Courts in Cross-Border Insolvency Matters drafted by the Judicial Insolvency Network(JIN) on the 28th day of June, 2018, and included it in the local practice rule. The link to the PDF of the Guidelines can be found here.
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Adoption of the Modalities of Court-to-Court Communication
The Seoul Bankruptcy Court adopted the Modalities of Court-to-Court Communication published by the Judicial Insolvency Network(JIN) on the 25th day of July, 2019, and included it in the local practice rule. The link to the PDF of the Modalities can be found here. In this regard, Cross-Border Cooperation and Coordination Judge(CBCC Judge) performs the role of Facilitator under the Modalities, and initial communications may be made in English.
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