III reinforces importance of court-to-court cross-border cooperation in insolvency cases

International Insolvency Institute (III) recommends the ALI-III Global Principles and Guidelines 2012 for use in all regions of the world. These non-binding principles and guidelines contribute to the architecture of international insolvency.

Bob Wessels • September 06, 2017

JIN Guidelines strengthen court-to-court cross-border cooperation in insolvency cases

Recent adoptions by courts in Singapore, Bermuda, Delaware, New York and London of the Judicial Insolvency Network Guidelines for Communication and Cooperation between Courts in Cross-Border Insolvency Matters further improve a robust network of judges.

Bob Wessels • May 29, 2017

The effects in the Netherlands of an order issued in Indian insolvency proceedings

In cross-border insolvency matters beyond the scope of the EU Insolvency Regulation the Netherlands is generally regarded as adhering to ‘the principle of territoriality’. For a concrete application see a recent case between the Netherlands and India.

Bob Wessels • July 25, 2016

Netherlands applies principle of universality in international insolvency cases

In cross-border insolvency matters beyond the scope of the EU Insolvency Regulation the Netherlands is generally regarded as adhering to ‘the principle of territoriality’. But appearances are deceiving. Since 2013 ‘universality’ is the legal doctrine.

Bob Wessels • June 17, 2016 • 1 comment

Towards A Worldwide International Insolvency Convention?

A World Wide convention on international bankruptcy has been discussed throughout the whole 20th century. Now it has been put on the international agenda.

Bob Wessels • May 24, 2016 • 1 comment

Regulating the Turnaround Profession

New Guidelines for the turnaround profession should create trust in the market.

Bob Wessels • April 15, 2016 • 1 comment

Brexit and its consequences for European Insolvency Law

A Brexit looms ahead. What will be its consequences for European insolvency law?

Bob Wessels • March 02, 2016

Nordic-Baltic Recommendations on Insolvency Law

Nordic-Baltic Recommendations on Insolvency Law. A unique regional harmonisation initiative.

Bob Wessels • February 12, 2016

A new Approach to Business Failure and Insolvency

EU aims to rescue financially distressed, but viable businesses.

Bob Wessels • May 07, 2014

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