Credit Rating Agencies (CRAs) publish ratings in the form of statements on the general creditworthiness of issuers or obligors. They do so on behalf of investors in loans of companies, semi-public bodies or States on the basis of quantitative and qualitative analysis of the financial strength of these issuers. Well-known names are Standard & Poor’s, Moody’s and Fitch. All types… Read More »2021-02-doc1 Liability of Credit rating agencies
Research Handbook on Corporate Bankruptcy Law, published in 2020, brings together leading experts on the law and economics of corporate bankruptcy. The handbook is edited by Barry Adler (New York Law School), the contributors are all American and after a foreword and an introduction, 15 chapters follow. The scope of bankruptcy The Foreword is from éminance grise, Douglas G. Baird,… Read More »2021-01-doc1 Corporate Bankruptcy Law – Research Handboook
Notes accompanying bobwessels vlogs (on air 23 December 2020 and on YouTube https://youtu.be/PCbih6pC1KM). First generation commentaries Reinhard Bork and Renato Mangano, European Cross-border Insolvency Law, Oxford University Press 2016 Gabriel Moss, Ian F. Fletcher and Stuart Isaacs (eds.), The EU Regulation on Insolvency Proceedings, 3rd. ed. Oxford University Press 2016 Both reviewed by me, see European Company Law (no. 4,… Read More »2020-12-doc4 New books on European Insolvency Regulation (Recast) 2015/848
Insolvency Close-out netting. A Comparative Study of English, French and US Laws in a Global Perspective is the full title of a PhD defended by Bernadette Muscat early December 2020 at the University of Leiden. Her supervisors have been professor Matthias Haentjens (financial law) and myself (emeritus international insolvency law). Muscat’s research considers the development of the concept of insolvency… Read More »2020-12-doc3 Insolvency Close-out Netting – Leiden PhD of Ms B. Muscat
In a new book, titled Corporate Insolvency Law, the author prof. Reinhard Bork presents, as its subtitle indicates, a comparative textbook. It deals with the key topics of corporate insolvency law in a comparative way, using the laws of the UK, the USA, Germany and France as examples. Its chosen down to earth approach differs from his well-known Principles of… Read More »2020-12-doc1 Bork – Corporate Insolvency Law 2020
On my website you will find a reference to ‘foundation’, see https://bobwessels.nl/foundation/. It will bring you to a Dutch legal foundation carrying my name (‘Stichting Bob Wessels Insolvency Law Collection’), with the aim to promote the interest and knowledge of international and comparative restructuring and insolvency law. For Dutch tax purposes it is acknowledged as a charitable organisation (ANBI). The… Read More »2020-10-doc3 On insolvency books and other sources
Law reform in the field of insolvency and restructuring law has been an issue for decades. The aftermath of the current pandemic will probably further accelerate legislative action in many jurisdictions. Oxford University Press recently has published the edited volume based on the European Law Institute’s (ELI) project ‘Rescue of Business in Insolvency Law’. The project ran from 2013 to… Read More »2020-09-doc4 Book launch of Rescue of Business in Insolvency Law
When I flagged the book ‘Corporate Restructuring and Insolvency in Asia 2020’ last April, I commented on the book. It’s a pleasure to do so again, on the occassion of what promisses to be my first self produced vlog (in English). For me, this is a memorable moment, having produced my first blog 14 years ago, in September 2006 (on… Read More »2020-09-doc2 Corporate restructuring in Asia
The role of judges in restructuring and insolvency proceedings has been of particular interest to the EU legislator in recent years. It is in matters of insolvency and restructuring that a court and its judges have to fulfil a set of five criteria: (a) a general understanding of business management (so as not to assume managerial tasks), (b) understanding what… Read More »2020-09-doc1 Strengthening role of judges in restructuring