English

The treatment of shareholders in the insolvency of companies is a current research project co-led by the Bank of Italy and the World Bank. Research areas are (1) Shareholders’ Liability for the Distress of the Company, (2) Shareholders’ Powers over the Management During Insolvency Proceedings, and (3) The Treatment of Shareholders in Reorganization Procedures. The initiative for this reseach was… Read More »2015-12-doc13 Shareholders and their position in insolvency

The numbers say that over 10,000 English limited companies (Ltd’s) operate in Germany. The company director is registered in the Companies register in England, but with a branch active in Germany, which is reistered in German company registers. On 10 December 2015 the Court of Justice of the European Union decided on the question whether the liability of the director… Read More »2015-12-doc11 CJEU 10 December 2015, C-594/14 (Kornhaas v Dithmar)

Yesterday, Wednesday 9 december, Miss Yanying Li defended with success her dissertation Sovereign Debt Restructuring. Towards the Establishment of a Multilateral Legal Framework. The event took place in te Academy building University of Leiden. I acted as her supervisor (promotor). Miss Li (1987, born in Chongqing, China, with law degrees in China, the USA and from Leiden, and since a… Read More »2015-12-doc7 Sovereign Debt Restructuring

The Helsingin hovioikeus (Court of Appeal, Helsinki, Finland) referred several questions to the CJEU  in a case between Nike European Operations Netherlands BV (‘Nike’, incorporated in the Netherlands) v Sportland Oy, in liquidation (‘Sportland’, incorporated in Finland), concerning an action to have certain transactions declared void by virtue of insolvency. Sportland was a retailer of goods supplied by Nike under… Read More »2015-12-doc3 CJEU 15 October 2015, C-310/14 (Nike BV v Sportland Oy)

Recently I have been appointed as member of a group of experts that will assist the European Commission in the preparation of a potential legislative proposal containing minimum standards for a harmonised restructuring and insolvency law in the EU. Virtually this position is a follow up of the consultancy position I held since mid 2012, advising the European Commission in… Read More »2015-12-doc1 Counsel to the European Commission on restructuring and insolvency law