The Conference of European Restructuring and Insolvency Law (CERIL) is an independent non-profit, non-partisan, self-supporting organisation of approximately 75 lawyers and other restructuring and insolvency practitioners, law professors and (insolvency) judges committed to the improvement of restructuring and insolvency laws and practices in the European Union and in its Member States and their operation.
CERIL’s primary purpose is to advise, at its own motion or at request, on technical and policy issues relating to restructuring and insolvency laws, regulation and practice and any related laws, both to European Union institutions as well as Member States and EU’s neighbouring countries. The Conference’s vision is to provide a unique independent perspective to endorse significant long-term improvements in restructuring and insolvency systems across Europe, including the European Union. CERIL is a voluntary organisation, based on the shared commitment by its conferees to collect and present their best insights.
To become a conferee is by invitation only and free of charge. Conferees are leading scholars, judges and practitioners in the field. Many of them have been active as an expert on matters of restructuring and insolvency to the European Commission or selected as reporter to the European Law Institute’s project ‘Rescue of Business in Insolvency Law’. Conferees come from around 25 European countries and are independent: they do not take a position which may be influenced by professional obligations and relations or act on behalf of a certain interest group.
The Conference establishes a platform that allows for the exchange of ideas, in-depth discussions, often in the context of joint studies and statements of advice on technical and policy matters. The Conference may support legislative initiatives on a European Union or national level but also discuss fundamental principles and concepts. Ten Working Parties have been set up to prepare future CERIL statements on such matters as directors liability, acts detrimental to an insolvency estate, the role of shareholders in a restructuring, improving professional and ethical rules applicable to insolvency practitioners, or consumer rights in case of the insolvency of a retailer.
CERIL’s governance exists of an Executive and a Board. The Executive is formed by seven conferees:
– Prof. Dr. Bob Wessels, Emeritus Professor of International Insolvency Law, Leiden University, The Netherlands (Chair)
– Prof. Dr. Ignacio Tirado, Professor (Titular) of Commercial Law, Universidad Autónoma of Madrid; Senior Legal Consultant World Bank (Financial Sector) (Vice-Chair)
– Prof. Dr. Reinout D. Vriesendorp, Professor of Insolvency law, University of Leiden; partner De Brauw Blackstone Westbroek, Amsterdam, The Netherlands (Secretary).
The other executives are:
– Giorgio Corno, Esq., Studio Corno Avvocati Milan, Italy
– Prof. Ian F. Fletcher QC (hc), Emeritus Professor of International Commercial Law, Principal Research Associate, University College London, UK
– Prof. Tuula Linna, Professor of Procedural Law, University of Lapland, Rovaniemi, Finland
– Prof. Stephan Madaus, Professor of Civil Law, Civil Procedural Law and Insolvency Law, University of Halle-Wittenberg, Halle, Germany.
For more information: www.ceril.eu