Blog Archive

2017-02-doc2 Notes for EP on proposal Restructuring Directive

2 February 201724 December 2019
by Bob Wessels

The European Parliamentary Financial Services Forum (EPFSF) (see www.epfsf.org) facilitates and strengthens the exchange of information on financial services and Europe’s financial markets between the financial industry and Members of the European Parliament. On January 25, 2017 a lunch event on “Capital Markets Union (CMU): Insolvency Law Chapter” was organised. I announced it on my blog. The intent was to… Read More »2017-02-doc2 Notes for EP on proposal Restructuring Directive

2017-01-doc10 Passing of Bruce Leonard

24 January 20175 December 2019
by Bob Wessels

Bruce Leonard, one of the most influential and respected lawyers in the field of international insolvency law, has passed away. Bruce has been an esteemed lawyer in Canada, but non-Canadians know him best as the auctor intellectualis, founder and chair for many years of the International Insolvency Institute (III). III presently is a non-profit limited-membership invitational association of over 300… Read More »2017-01-doc10 Passing of Bruce Leonard

2017-01-doc12 Int’l Insolvency Law Bibliography 2017

18 January 201724 December 2019
by Bob Wessels

Pleased to share this invitation. Since November 2016 I am writing the 4th edition of my book Wessels International Insolvency Law: Part II European Insolvency Law. The first part of this edition: International Insolvency Law: Part I Global Perspectives on Cross-Border Insolvency Law has already been published at the end of 2015. See www.wolterskluwer.nl/shop/e-book/international-insolvency-law and see blog/2016-02-doc11-4th-ed-intl-insolvency-law-part-i. The core of… Read More »2017-01-doc12 Int’l Insolvency Law Bibliography 2017

2017-01-doc5 Passing of Stephen Adamson

11 January 20175 December 2019
by Bob Wessels

With great sadness I inform about the death of Stephen Adamson CBE. He is an insolvency veteran from England, but with global experience. See below, his obituary from Global Restructuring Review of 10 January 2017. I learned he died in October last year. In the 90s I was a young partner of Ernst & Young (EY now) and I remember… Read More »2017-01-doc5 Passing of Stephen Adamson

2017-01-doc3 New Insolvency Regulation applies ‘after’ or ‘from’ 26 June 2017?

7 January 201724 December 2019
by Bob Wessels

Replacement, as yesterday’s 2017-01-doc2 encountered troubles opening it. This is the message: On 26 June 2017 Regulation (EU) 2015/848 of the European Parliament and the Council of 20 May 2015 on insolvency proceedings (recast) (EIR Recast or EIR 2015), [2015] OJ L 141/19, will apply. The well known Council Regulation (EC) No 1346/2000 of 29 May 2000 on insolvency proceedings… Read More »2017-01-doc3 New Insolvency Regulation applies ‘after’ or ‘from’ 26 June 2017?

2017-01-doc1 Per 1.3.17 nieuwe Algemene Bankvoorwaarden

5 January 201710 December 2019
by Bob Wessels

In Nederland worden door banken al sinds 1965 Algemene bankvoorwaarden gebruikt, maar pas vanaf 1988 zijn deze het resultaat van tweezijdig overleg tussen (de rechtsvoorganger van) de Nederlandse Vereniging van Banken (NVB) en de Consumentenbond. Zij gelden als tweezijdige voorwaarden, dus opgesteld met een goedkeurend stempel van de Consumentenbond. Evaluaties van de bankvoorwaarden door de NVB en de Consumentenbond vinden… Read More »2017-01-doc1 Per 1.3.17 nieuwe Algemene Bankvoorwaarden

2016-12-doc7 Nice words for ELI project

22 December 201610 December 2019
by Bob Wessels

The latest newsletter of the European Law Institute (ELI) was published yesterday. It contains the announcement of the ELI European Young Lawyers Award, a retrospective of 2016 and information about upcoming events, including the ELI Annual Conference 2017. The current ELI Projects are highlighted, including Rescue of business in insolvency law, led by Stephan Madaus and me. Prof. Christiane Wendehort,… Read More »2016-12-doc7 Nice words for ELI project

2016-12-doc2 EU Banking and Insurance Insolvency OUP, 2nd ed.

4 December 201615 December 2019
by Bob Wessels

Looking forward to the publication of the 2nd edition of EU Banking and Insurance Insolvency, published by Oxford University press again, edited by Gabriel Moss QC, Bob Wessels, and Matthias Haentjens. This is what it covers: Table of Contents Part I. General Introduction 1: The EU Financial Institution Insolvency Law Framework, Gabriel Moss QC, Bob Wessels, and Matthias Haentjens 2:… Read More »2016-12-doc2 EU Banking and Insurance Insolvency OUP, 2nd ed.

2016-11-doc14 District court Rotterdam opens secondary proceedings re Hanjin Europe

27 November 201610 December 2019
by Bob Wessels

Hanjin’s rehabilitation and bankruptcy sweeps the world. Last Friday, 25 November 2016, the Rotterdam District Court (ECLI:NL:RBROT:2016:9090) had to decide on a request to open secondary insolvency proceedings regarding Hanjin Shipping Europe GmbH & Co. KG (‘Hanjin Europe’). So the Netherlands has become the latest in a growing list of jurisdictions to grant recognition or assist in coordination re Korean… Read More »2016-11-doc14 District court Rotterdam opens secondary proceedings re Hanjin Europe

2016-11-doc13 Crisis management in the banking sector: act 2

25 November 201624 December 2019
by Bob Wessels

This week was a productive one for insolvency lovers. In Strassbourg/Brussels, the European Commission launched new proposals. One for restructuring distressed but in principle viable businesses, see blog/2016-11-11-restructuring-directive-published. The other one is a rather voluminous proposal for a reform package intended to further strengthen the resilience of credit institutions in the EU. It is only a year ago that Matthias… Read More »2016-11-doc13 Crisis management in the banking sector: act 2

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