Having asked your input for India and Brazil, this week your comment is sought for Australia. Your input (cases, literature, views) will contribute to the draft text for the 5th edition of Wessels International Insolvency Law Part I. Many thanks for the improvement of the text of my forthcoming book. As noted earlier, providing input is based on the idea… Read More »2021-12-doc8 Cross-border insolvency law in Australia
Last week I started my answer to the question: What does Dordrecht mean to you? And how would you imagine the feeling of your city? In the fourth quarter of 2021, in Dordrecht, the Netherlands, 36 artists were asked this question, to which they responded. Subsequently, their works were exhibited. For me, that feeling is evoked by the water, the… Read More »2021-12-doc7 Dordrecht history – Part II
After last weeks call to think along with me and provide input in order to contribute to the draft text for the 5th edition of Wessels International Insolvency Law part I, I received quite a few contributions. Many thanks to all levelling the forthcoming book to even higher ground. Providing input is based on the idea of a ‘deliberate public… Read More »2021-12-doc6 Cross-border insolvency law in Brazil
What does Dordrecht mean to you? And how would you imagine the feeling of your city? In the fourth quarter of 2021, in Dordrecht, the Netherlands, 36 artists were asked this question, to which they responded. Subsequently, their works were exhibited. For me, that feeling is evoked by the water, the architecture and often the beauty of the silence. And… Read More »2021-12-doc5 Dordrecht history – Part I
Last week in November 2021, the EU Commission published a Communication with a set of intended measures, responding to a number of action points identified under its Capital Markets Union (CMU) 2.0 Action Plan. This Plan was published in September 2020. See COM(2021) 720 final. The Commission wishes to tackle problems across a broad range of capital market services to… Read More »2021-12-doc4 In 2022 the EU takes a new step in harmonizing corporate insolvency
Would you like to think along with me and provide input in order to contribute to the draft text for the 5th edition of Wessels International Insolvency Law part I? For the idea behind this ‘deliberate public participatory drafting process’, see my blog of last week, at https://bobwessels.nl/blog/2021-12-doc1-book-on-international-insolvency-law-your-input-needed/. This first blog focuses on (legislative) developments in some 30 countries (outside… Read More »2021-12-doc3 Cross-border insolvency law in India
In a forthcoming article, with the title ‘Towards a European Code of Conduct for Creditors’ Committees‘ I argue that it is timely and necessary that a non-binding code of conduct should be drafted and used to establish a culture of trust building workout negotiations amongst repeat players (like banks, suppliers, union representatives, insurers etc.). The article will by published in… Read More »2021-12-doc2 Time is ripe for a European Code of Conduct for Creditors’ Committees
Alongside some other activities, I have been working on the 5th edition of Wessels International Insolvency Law Part I. It has the subtitle ‘Global Perspectives on Cross-Border Insolvency Law’, geographically covering the ‘whole world’, besides Europe. Part II covers ‘European Insolvency Law’. Both books are published by Wolters Kluwer. For the new 5th edition of Part I (the 4th edition… Read More »2021-12-doc1 Book on International insolvency Law – Your input needed
Last week, on 25 November 2021, the EU Commission published a Communication with a set of intended measures, responding to a number of action points identified under its Capital Markets Union (CMU) 2.0 Action Plan. This Plan was published in September 2020. See COM(2021) 720 final. The Commission wishes to tackle problems across a broad range of capital market services… Read More »2021-11-doc3 Capital markets Union (CMU) & Insolvency – the odd couple
Rembrandt (1606-1669) is seen as one of the greatest Dutch Golden Age painters. Was Rembrandt involved in cross-border insolvency matters? Research shows there are traces of commissions coming from outside Holland and indeed, financial distress surrounded him in the first half of the 1650s. In 1656 he went ‘bankrupt’, that is to say, Rembrandt voluntarily (no creditors chasing him) requested… Read More »2021-11-doc2 Was Rembrandt involved in cross-border insolvency issues?