PT - JOURNAL ARTICLE AU - Melvin C. Zwaig AU - Bruce Leonard TI - Cooperation and Coordination in Cross-Border Insolvency Cases DP - 2004 Mar 20 TA - Turnaround Management PG - 93--100 VI - 2004 IP - 1 4099 - http://guides.pm-research.com/content/2004/1/93.short 4100 - http://guides.pm-research.com/content/2004/1/93.full AB - With advances in information technology, a multinational business operating profitably can make decisions quickly that affect its global operations. The onset of an insolvency case, however, turns the otherwise cohesive business into a series of disconnected segments in several different countries. The unconnected remnants of the organization attempt to continue until they either starve or implode. However, recent experience and developments on the horizon hold the promise of significant improvements. This article outlines the current and evolving protocols and judicial practices being made to assist in the revival and rehabilitation of global businesses in financial difficulty.