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2020-10-doc3 On insolvency books and other sources

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

2020-09-doc4 Book launch of Rescue of Business in Insolvency Law

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

2020-09-doc1 Strengthening role of judges in restructuring

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

2020-07-doc4 Making sense of business failure

During the last decade, in Dutch Law Schools, in the field of private law (including corporate and insolvency law), gradually an emphasis has been placed on empirical legal studies. Traditionally, the nature of the study of law is rather descriptive (what is the law?) and normative (what should it be?). Empirical legal science mainly concerns the consequences of the application… Read More »2020-07-doc4 Making sense of business failure

2020-07-doc1 Jet Airways Insolvency Protocol

Once a pioneer of Indian aviation, Jet Airways (India) (Jet Airways) completely ceased its flight operations on 17 April 2019, attracting international concern. Legal hardship started for the debt-laden airline on 21 May 2019 when the Dutch Noord-Holland District Court placed the company, which had an establishment at Amsterdam Schiphol airport and its corporate seat in Mumbai, into bankruptcy (faillissement).… Read More »2020-07-doc1 Jet Airways Insolvency Protocol

2020-06-doc5 Asian Principles of Business Restructuring.

A major achievement in Asia in the first half year of 2020 was the publication of the Asian Principles of Business Restructuring. It is the result of a study undertaken by the Asian Business Law Institute (ABLI) and the International Insolvency Institute (III), and I have been reviewing closely its development as a member of its Advisory Committee. With this… Read More »2020-06-doc5 Asian Principles of Business Restructuring.

2020-06-doc4 High Level Forum-CMU report misses the mark

Today I have given feedback to the report ‘A new Vision for Europe’s capital markets’, the Final Report of the High Level Forum (HLF) on the Capital Markets Union (CMU), published 10 June 2020. For the report, see https://ec.europa.eu/info/news/cmu-high-level-forum-final-report_en. For my full 7 pages feedback, see the link at the bottom. The report sets out a series of recommendations aimed… Read More »2020-06-doc4 High Level Forum-CMU report misses the mark

2020-06-doc3 COVID-19 – Legislación de emergencia en materia de insolvencia y reestructuraciones

COVID-19 – Legislación de emergencia en materia de insolvencia y reestructuraciones (‘COVID-19 emergency legislation in insolvency and restructuring law’) written by Stephan Madaus and me has been translated in Spanish for the Spanish Insolvency Law Journal, with the following texts and summaries: Stephan Madaus, Profesor de Derecho Civil, Procesal y de Insolvencia, Universidad Martin-Luther de Halle-Wittenberg. Bob Wessels, Profesor emérito… Read More »2020-06-doc3 COVID-19 – Legislación de emergencia en materia de insolvencia y reestructuraciones