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    <title>GLOBAL WINGS FOR INSOLVENCY LAW</title>
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    <description>A proposed cross-border insolvency regime based on the UNCITRAL Model Law would apply initially to corporate debtors and permit assistance where foreign representatives or courts seek cooperation, where assistance is sought abroad in relation to Code proceedings, where concurrent foreign and domestic proceedings involve the same debtor, or where foreign creditors seek to commence or participate in domestic proceedings. The framework emphasises recognition of foreign proceedings, direct access for foreign representatives and creditors, cooperation and coordination between courts and practitioners, and preservation of domestic priority and public policy safeguards.</description>
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