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2022-11-doc3 English Corporate Insolvency Law. A Primer.

The book ‘English Corporate Insolvency Law’ is, as its subtitle says, a primer. It offers an introduction and analysis guide and update readers with the recently significantly revised English corporate insolvency rules and procedures. Readers will not be disappointed as it gives a well-reasoned overview of the full system, including references to case law and literature. Contents of the book.… Read More »2022-11-doc3 English Corporate Insolvency Law. A Primer.

2022-11-doc2 Second ed. of Bork & Mangano European Cross-border insolvency law

Recently, the second edition of ‘European Cross-Border Insolvency Law’, written by professors Reinhard Bork and Renato Mangano was published. It is an up-dated version of the first edition, published in 2016. I refer to the comparative review I published on https://bobwessels.nl/blog/2016-10-doc7-book-reviews-eir-recast/, comparing Bork/Mangano with the 2016 version on the same topic of Gabriel Moss, Ian F. Fletcher and Stuart Isaacs… Read More »2022-11-doc2 Second ed. of Bork & Mangano European Cross-border insolvency law

2022-11-doc1 COMI, habitual residence, England or Bulgaria?

The case of Kooter v The Official Receiver & Ors [2022] EWHC 2683 (Ch) (24 October 2022) is a colourful case concerning the international jurisdiction of the courts in England and Wales. It is interesting reading material (i) about English procedural law and practice concerning a hearing for the annulment of a bankruptcy order from March 2019, and (ii) the… Read More »2022-11-doc1 COMI, habitual residence, England or Bulgaria?

2022-10-doc2 Privacy Codes in Insolvency and Restructuring

One of the novelties in the recast European Insolvency Regulation (EIR 2015), in force since 2017, is its set of rules for data protection. Generally, the aims of most national insolvency laws and those of data protection laws are contradictory. The former are designed to facilitate access to information by creditors and courts. Data protection-rules, however, aim rather to restrict… Read More »2022-10-doc2 Privacy Codes in Insolvency and Restructuring

2022-10-doc1 Saying goodbye to Russian clients: easier said than done

From a recent decision of 6 September 2022 of the District Court Amsterdam (ECLI:NL:RBAMS:2022:5466) it follows that under Dutch rules a law firm (‘Houthoff’) cannot just break with Russian parties, having been placed on sanction lists by the government. The case concerns Russian state-owned company SberBank, the largest shareholder of a Croatian food group (formerly Agrokor, now: ‘Fortenova’), which is… Read More »2022-10-doc1 Saying goodbye to Russian clients: easier said than done

2022-09-doc2 – Towards strengthening a consumer’s position in insolvency

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

2022-08-d0c3 About (over)stretching the public policy exception

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

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