Trustee in bankruptcy system is a common international practice, which is one of more mature systems in Anglo-American law system countries bankrupt law.

破产管理人制度是国际上通行的做法，是英美法系国家破产法中较为成熟的制度之一。

youdao

He would like a fully-fledged international bankruptcy framework, modelled on chapter 11 of the American bankruptcy law.

ECONOMIST: The perils of global capital