After establishing the general legal framework for international bankruptcies, and then examining the competence of the forum state to open bankruptcy proceedings, and the effects recognised by the forum state in relation to a foreign bankruptcy, the present report tries to provide a brief overview of the fate reserved for security rights, whether rights in rem, created by statute (legal mortgage, privilege), or contractual, as well as rights of preference (right of retention, or compensation), in the context of an international bankruptcy under German, English, Belgian, Canadian, Greek, French, Italian, Japanese, Dutch, North American, Swedish and Yugoslavian law.
European Review of Private Law