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2022-08-doc2 On presumptions in int’l insolvency law

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

2022-06-doc4 O’Dea’s restructuring book

Over the past decade, Europe has been captivated by restructuring. Cross-border insolvency, initiated in the first decade, mainly overarched national insolvency systems. It was developed as a system of private international law. For restructuring the main drivers are discussions, recommendations and reports, ultimately leading to the EU 2019/1023 Preventive Restructuring Directive. One of the first books on this Directive (Paulus/Dammann… Read More »2022-06-doc4 O’Dea’s restructuring book

2022-06-doc3 Dordrecht – 450 jaar na Eerste Statenvergadering

[See for English below] In Dordrecht, waar ik woon en werkt, wordt dit jaar 450 jaar Geboorte van Nederland gevierd. Dordrecht stond aan de wieg van wat nu Nederland is. Het startschot werd gegeven met de Eerste Vrije Statenvergadering. Deze werd van 19 tot 23 juli 1572 gehouden in het Hof. Deze locatie is onlangs vernieuwd en heropend. Tijdens deze… Read More »2022-06-doc3 Dordrecht – 450 jaar na Eerste Statenvergadering

2022-06-doc2 Cuniberti’s 2nd ed. of Conflict of laws: a comparative approach

Textbooks for students, trying to master the theme conflict of laws (or: private international law (PIL) as many European continental countries term the subject), are rather straightforward. Several subjects in a systematic order presented, referenced with literature and case law. Many times, the legal scenery is rather unique, as conflict of laws can be found in national, European or ‘world-wide’… Read More »2022-06-doc2 Cuniberti’s 2nd ed. of Conflict of laws: a comparative approach

2022-06-doc1 Dominant position of the main IP under EIR 2015

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

2022-05-doc2 On independent territorial insolvency proceedings

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

2022-05-doc1 Heiploeg – European Commission: your move!

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!

2022-03-doc1 EU Insolvency Regulation – substantial repair work needed

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

2022-02-doc1 European Insolvency Law: the year ahead

In the first decade of this century, in European insolvency law the H-word was on the list of banned terminology. In 2011 the ice had been broken by the European Parliament (EP). It was assisted in its decision via a group of reports from mainly practitioners gathered in INSOL Europe, European’s largest insolvency practitioners’ group. The EP gave its go-ahead… Read More »2022-02-doc1 European Insolvency Law: the year ahead

2022-01-doc5 Twenty years EU determined cross-border insolvency law!

The European Union aims to harmonize the laws of the Member States regarding insolvency and restructuring. It also intends to facilitate the functioning of insolvency proceedings across the Union. The first step the EU took was to provide for a system regulating cross-border insolvency. This year will celebrate the 20th birthday of EU regulated cross-border insolvency law. The original European… Read More »2022-01-doc5 Twenty years EU determined cross-border insolvency law!