Interview published in Global Restructuring Review (globalrestructuringreview.com) published on its blog on 24 August 2017 on the theme: Who’s in charge of Annex A? GRR editor Kyriaki Karadelis: Just a few weeks after the entry into force of the recast European Insolvency Regulation, the European Commission is inviting comments on a legislative proposal to change its Annex A – a… Read More »2017-09-doc5 On Annex A of the Insolvency Regulation
Wessels International Insolvency Law aims to be a first port of call on any question on international insolvency law for specialists (such as practitioners, judges and scholars), but also for those who are rather new to the subject, including legislators and students. The present book is International Insolvency Law: Part II European Insolvency Law, and was published by Wolters Kluwer,… Read More »2017-09-doc4 Wessels International Insolvency Law Part II European Insolvency Law
In the first week of September 2017, during the General Assembly and Annual Conference of the European Law Institute (ELI) the report ‘Rescue of Business in Insolvency Law’, written by prof. em. Bob Wessels (Leiden, Netherlands) and prof. Stephan Madaus (Halle-Wittenberg, Germany) was approved as an official ELI Instrument. The Report consists of 115 recommendations explained on more than 375… Read More »2017-09-doc3 ELI Business Rescue Report published
With pleassure I report the re-posting of the ALI-III Global Principles and Guidelines 2012, reinforcing the importance of court-to-court cross-border cooperation in insolvency cases. In August 2017, the International Insolvency Instititute (III) re-posted the ALI-III Global Principles for Cooperation in International Insolvency Cases 2012. The publication contains: 37 Global Principles for Cooperation in International Insolvency Cases, and 18 Global Guidelines… Read More »2017-09-doc1 ALI-III Global Principles and Guidelines 2012
The European Law Institute (ELI), established in 2011 [www.europeanlawinstitute.eu], is an independent non-profit organisation established to initiate, conduct and facilitate research, make recommendations and provide practical guidance in the field of European legal development. Building on the wealth of diverse legal traditions, its mission is the quest for better law-making in Europe and the enhancement of European legal integration. By… Read More »2017-08-doc6 Presenting Business Rescue Report in Vienna
Geoff Green, a strategist from the National Australia Bank, talks about the ‘undercover administrator’ indicating the ‘intended insolvency practitioner’ (beoogd curator) in present draft legislation in the Netherlands, see australianloanrestructuringissues.com. The blog uses the Dutch reform to focus on the issue of non-publicity and what Australia is doing to minimise the problem. The person playing the role of the intended… Read More »2017-08-doc4 Australia looks at Dutch draft legislation
Het Commentaar van de hoofdredactie van het Financiële Dagblad in het FD van vandaag, vrijdag 28 juli, kent de titel ‘Benoem geheime manager in zorg’. Het slot ervan werpt de vraag op of het maatschappelijk belang van de zorg niet zo groot is dat toezichthouders in de zorg de bevoegdheid moeten krijgen ‘… een stille bewindvoerder aan te stellen, zoals… Read More »2017-07-doc8 Naar een stille curatele voor zorginstellingen II
De curator behartigt in het stelsel van de Faillissementswet in de eerste plaats de belangen van de schuldeisers. Daarbij moet hij of zij óók rekening houden met belangen van maatschappelijke aard. Schept deze regel, die alleen steunt op rechtspraak, voldoende waarborg voor het cruciale belang van het tijdig waarborgen van de continuïteit van de zorg en het recht van de… Read More »2017-07-doc7 Naar een stille curatele voor zorginstellingen in financiële problemen
Last week I blogged that the Dutch courts appeared to be the first court in a EU Member State to disclose that it is open for cross-border communication and cooperation in insolvency cases under the aegis of the EU Insolvency Regulation (recast), see blog/2017-07-doc3-does-district-court-midden-nederland-lead-the-way. I stressed the importance of available EU Cross-border Insolvency Court-to-Court Cooperation Principles and Guidelines (also “JudgeCo”… Read More »2017-07-doc4 Are Swedish courts following the Durch court’s example?
District Court Midden-Nederland seems the first court in a EU Member State to disclose that it is open for cross-border communication and cooperation in insolvency cases under the aegis of the EU Insolvency Regulation (recast), see www.rechtspraak.nl/English/Pages/International-Insolvency). The site starts with the following introduction, thereby setting a great example for courts in other Member States to follow: ‘On 26 June… Read More »2017-07-doc3 Does District Court Midden-Nederland lead the way?