This article provides an internal comparison between the EU Insolvency Regulation and the Directives on reorganisation and winding up of insurance companies (2001/17) and banks (2001/24). The scope of the directives in relation to non-EU financial institutions is explained, especially with regard to their branches. It is submitted that the system of cross-border sharing and coordination of information or procedures should be improved by standard setting agencies, for instance in the form of global memoranda of understanding. It will be published in Journal of International Banking Law and Regulation. jiblr-branches.pdf
As of September 1, I will start as Professor of International Insolvency Law at Leiden's Faculty of Law. Leiden is the oldest university in the Netherlands, established in 1575. The appointment is for 1 day a week. The chair will enable me to further focus
Paul Omar, University of Sussex, has reviewed my book "Cross-Border Insolvency Law", announced at this weblog under 2007-07-doc1. The review will be published in International Corporate Resue.r54.pdf
The German Supreme Court (Bundesgerichtshof), with its decision of 21 June 2007 (IX ZR 39/06), has referred the following question to the European Court of Justice: will the courts of a Member State, in the territory of which main insolvency proceedings against a debtor have been opened, have international jurisdiction concerning an avoidance action (Insolvenzanfechtungsklage) against a third party, a Belgian company, who has its statutory
[New agricultural lease law and transitional law] Boek 7, titel 5 ("Pacht") zal met ingang van 1 september 2007 in werking treden (Sbt. 2007, 105). Dat geldt ook voor de Uitvoeringswet grondkamers (Stb. 2007, 164).