18 April 2015 14 EIR Reform Project Choice of Law Exceptions ('carve-outs') (cont.): Article 13: protection of otherwise detrimental acts Article 14: protection of third party purchasers of Article 11-type assets Article 15: lis pendens Carve-outs may require main/secondary jurisdictions to determine foreign law if no proceedings can take place in the carve-out jurisdiction (i.e.
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