In 2023 the American Law Institute (ALI) will celebrate its 100th anniversary. Since decades, ALI is the leading independent organization in the US producing scholarly work to clarify, modernize, and otherwise improve the law. With its Restatements of the Law, Model Codes, and other soft law instruments, ALI is enormously… Read More »2023-01-doc3 American Law Institute 1923 – 2023
Betalen zul je! Dit is de titel van een essay van prof. Reinout Wibier, vandaag in NJB 2023, p. 6 e.v. verschenen. Hij betoogt dat in de WSNP de nadruk te veel blijft liggen op de belangen van schuldeisers. Zouden de belangen van natuurlijke personen als schuldenaar niet veel meer… Read More »2023-01-doc2 Naar een WHOA voor particulieren?
The English Court of Appeal’s decision in East-West Logistics v Melars Group (East-West Logistics Llp v Melars Group Ltd [2022] EWCA Civ 1419 of 28 October 2022 draw my attention, especially by the concurring view of one of the judges, Lord Justice Lewison. Lord Justice Lewison is known to me… Read More »2023-01-doc1 COMI and ascertainability by third parties
In the second week of December 2022, the European Commission has put forward measures to further develop the EU’s Capital Markets Union (CMU). These measures concern three areas (a) to make EU clearing services more attractive and resilient, supporting the EU’s open strategic autonomy and preserving financial stability (b) to harmonise certain… Read More »2022-12-doc3 Harmonisation of Corporate Insolvency Law in the EU: some background
De oer-indeling van ‘leasing’ is die in financial lease (financiering van een object) en operational lease (gericht op het gebruik van een object). Door de decennia heen is de contract-vorm aanzienlijk verruimd, bijvoorbeeld door een combinatie met diensten, zoals service, onderhoud en verzekering. Ook de te leasen objecten zijn enorm… Read More »2022-12-doc2 Nieuwe boek over Leasing
Prior to 2017, courts in EU Member States (including UK pre-Brexit) have been rather lax and inattentive to verify a debtor’s international jurisdiction, giving room for especially individuals to manipulate COMI. Consequently, such judgments led to overstretching the public policy exception to refuse recognition. Articles 4 and 5 of the… Read More »2022-12-doc1 – Int’l jurisdiction under the EIR, ready for improvement
The EU (without Denmark) is an economic market, with 27 member states. All these states have their own national insolvency system. In this whole European region there are presently around 120 types of national insolvency proceeding, which is around 4.5 per member state. As examples: Belgium lists eight proceedings (in… Read More »2022-11-doc4 Towards a review of the Dutch IP profession
The book ‘English Corporate Insolvency Law’ is, as its subtitle says, a primer. It offers an introduction and analysis guide and update readers with the recently significantly revised English corporate insolvency rules and procedures. Readers will not be disappointed as it gives a well-reasoned overview of the full system, including… Read More »2022-11-doc3 English Corporate Insolvency Law. A Primer.
Recently, the second edition of ‘European Cross-Border Insolvency Law’, written by professors Reinhard Bork and Renato Mangano was published. It is an up-dated version of the first edition, published in 2016. I refer to the comparative review I published on https://bobwessels.nl/blog/2016-10-doc7-book-reviews-eir-recast/, comparing Bork/Mangano with the 2016 version on the same… Read More »2022-11-doc2 Second ed. of Bork & Mangano European Cross-border insolvency law
The case of Kooter v The Official Receiver & Ors [2022] EWHC 2683 (Ch) (24 October 2022) is a colourful case concerning the international jurisdiction of the courts in England and Wales. It is interesting reading material (i) about English procedural law and practice concerning a hearing for the annulment… Read More »2022-11-doc1 COMI, habitual residence, England or Bulgaria?