Gert-Jan Boon (PhD Leiden University) presents the latest news: WHOA: Dutch Parliament adopts new pre-insolvency restructuring proceeding Gert-Jan Boon (Leiden University) Parliamentary discussions on the Wet Homologatie Onderhands Akkoord (Act on the Confirmation of Extrajudicial Restructuring Plans, WHOA) concluded today with its adoption. The legislative process that started some seven years ago has taken an important step forward. This is… Read More »2020-05-doc10 – WHOA gets nod in Dutch Parliament
ICR corona 17-3-1 This editorial makes a call to practitioners, scholars and regulators to adopt an agenda for future research, and a call to global financial institutions to fund and further such research. It will appear shortly, in: 17 International Corporate Rescue 2020, Issue 3, published by Chase Cambria Publishing (www.chasecambria.com). The topic we all understand, wherever we are, walking… Read More »2020-05-doc6 Coping collectively with COVID-19
Digital financial assets, more particularly cryptocurrency, may serve fast, cheap, easy to use and global payments. They also represent regulatory concerns and financial stability implications. A robust (but costly) supervisory system needs to be put in place. Such a system may however play a defensive game. A segment in this area is depositing cryptocurrency with cryptocustodians, such as crypto-exchanges. From… Read More »2020-05-doc5 Private law issues re cryptocurrency and custodians
Brexit has been overshadowed by the COVID-19 monster, but it is still a reality. In the book ‘Brexit and financial regulation’ a practical guidance is provided on the complexities of Brexit as it applies to financial institutions. It presents a detailed account of the myriad of laws, regulations and institutional opinions, such as those from the European Banking Authority and… Read More »2020-05-doc3 Brexit and the financial industry
In Global Restructuring Review (GRR) I have a regular column. Its publisher has recently launched GBRR, the Global Banking Regulation Review, which evidently focuses on the financial industry. It is possible to sign up to receive GBRR’s free email briefing and get access to Global Banking Regulation Review’s latest content during its initial launch period. Recent examples of its content… Read More »2020-05-doc1 Newsletter for de banking sector, GBRR
For the 11th time Schultze & Braun (GmbH Rechtsanwaltgesellschaft) published its Yearbook Insolvency and Restructuring in Germany, now edition 2020. The Yearbook does not cover a general theme, rather contains a potpourri of substantial and statistic subject, legislative texts (the German Insolvency Act and the Regulation recast) and a glossary of legal terms with translations in various languages. Also matters… Read More »2020-04-doc8 2020 Yearbook Insolvency and Restructuring in Germany
In the world of cross-border insolvency a ‘protocol’ can be described as a means of agreeing the alignment between different insolvency proceedings, or of establishing how (pre-) reorganisation measures will be taken across a number of jurisdictions. A cross-border insolvency agreement is designed to overcome certain legal or factual obstacles that could otherwise be an impediment to achieving a restructuring… Read More »2020-04-doc6 Who has seen an insolvency protocol lately?
It took some 150 years before, gradually, the 19th century experienced Rembrandt becoming the subject of more serious scholarship. Research began with the recording of anecdotes about his life, but increasingly a more factual approach on his work was adopted. As early as 1810 the first catalogue raisonné of Rembrandt’s etchings was published by William Esdaile. A first catalogue of… Read More »2020-04-doc5 Do we know what a Rembrandt painting looks like?
In these extraordinary, unprecedented times two US lawyers (prof. Jonathan Lipson and Norman Powell) felt they need to do something to avoid disastrously contractual fights between parties resulting in overburdening the court system. Published under the auspices of the Business Law Section of the American Bar Association (ABA) they published a model standstill/tolling agreement. In stead of ending up in… Read More »2020-04-doc4 Model Standstill Agreement may assist in COVID-19 times
Early this year the book Recasting the Insolvency Regulation – Improvements and Missed Opportunities was published. Its editors are Vesna Lazić (T.M.C. Asser Institute; University of Utrecht) and Steven Stuij (Erasmus School of Law). The book contains five contributions, covering 130 pages, and is published by Asser Press as number 3 in a Short Studies in Private International Law Series.… Read More »2020-04-doc3 Improving the EU Insolvency Regulation (Recast)