Executive Summary Here's a scenario that plays out more often than boards like to admit: a restructuring plan gets approved, everyone breathes out, and then a court in a completely different country looks at the exact same plan and asks why it should be bound by any of it. That's cross-border insolvency in a nutshell, and it's not really a legal footnote, it's a live risk for anyone signing board minutes at a multinational in distress. This piece gets into why coordinating a