1. What are the drawbacks to relying on traditional doctrines, such as comity, as compared to more comprehensive model law?
2. Identify the advantages and disadvantages of the three approaches to cross-border insolvency framework and state which approach is the most economically sound and most beneficial to all parties involved.
3. Why would a US court consider the interests of local creditors in deciding whether to turn over assets located in the US to a foreign bankruptcy court?