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Recently District Court Amsterdam 26 August 2022, ECLI:NL:RBAMS:2022:5012, decided that KLM airlines is obliged to make financial restitution to passengers after a travel agency’s bankruptcy. The basis for the judgment lies in the Flight Compensation Regulation (EC) No 261/2004. Case: on 13 January 2020 Dutch passengers book tickets to Brazil and Argentina via travel organization D-Reizen for an amount of… Read More »2022-09-doc2 – Towards strengthening a consumer’s position in insolvency

Article 6 of the UNCITRAL Model Law on Cross-Border Insolvency (MLCBI) contains the ‘public policy’ exception in the application of the law. It is a standard provision in UNCITRAL texts. Article 6 MLCBI (‘Public policy exception’) provides: ‘Nothing in this Law prevents the court from refusing to take an action governed by this Law if the action would be manifestly… Read More »2022-08-d0c3 About (over)stretching the public policy exception

Article 16 of the UNCITRAL Model Law on Cross-Border Insolvency (MLCBI) provides for important presumptions which assist the domestic court of the State, enacting the MLCBI, to reach a conclusion on the nature, status and effect of the respective foreign proceeding. Article 16 (‘Presumptions concerning recognition’) provides: If the decision or certificate referred to in paragraph 2 of article 15… Read More »2022-08-doc2 On presumptions in int’l insolvency law

To accompany lectures abroad (ie outside the Netherlands) I am providing this text, taken from Bob Wessels, International Insolvency Law Part II. European Insolvency Law (4th. ed., 2017, published by Wolters Kluwer). By the way a 5th edition if forthcoming, aiming at late 2022. In the present par. 10764b I provide examples of powers of the main insolvency practitioner (especially… Read More »2022-06-doc1 Dominant position of the main IP under EIR 2015

This time a hideout in the well-settled framework of the EU Insolvency Regulation (EIR 2015). The Regulation’s scheme does provides for the opening of main insolvency proceedings (based on the a debtor’s centre of main interests (COMI of the debtor)) and allows for the opening of one or more secondary insolvency proceedings against a debtor in any EU member state… Read More »2022-05-doc2 On independent territorial insolvency proceedings

On 28 April, the Court of Justice of the European Union (CJEU) published its long-awaited judgment in the case of Heiploeg v FNV union. See CJEU 28 April 2022, Case C 237/20 (Federatie Nederlandse Vakbeweging v Heiploeg Seafood International BV, Heitrans International BV). The European court ruled that a Dutch pre-pack sale under certain circumstances can fall within the exceptions… Read More »2022-05-doc1 Heiploeg – European Commission: your move!

Body of EU insolvency law growing. In Europe, before the present century, insolvency law was mainly organised nationally. If there was a rare international case, disputes had to be solved by applying a country’s private international law. For cross-border insolvency cases, the law was underdeveloped or based on themes other than insolvency. Until the end of last century insolvency proceedings… Read More »2022-03-doc1 EU Insolvency Regulation – substantial repair work needed