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    INSOL Europe is the European organisation of professionals who
    specialise in insolvency, business reconstruction and recovery.
    It is an association founded in 1981 and registered in France.

    INSOL Europe has over 1,200 members across Europe and beyond. If you are a lawyer, accountant, insolvency practitioner, academic, lender, regulator, member of the judiciary, credit manager, credit insurer or a student of the insolvency discipline, then you can apply to become a member.



    The goals and strategies of INSOL Europe are:

    to lead the study and evaluation of insolvency, business recovery law and practice in Europe
    to disseminate technical and topical information on insolvency, bankruptcy and business recovery matters
    to publish eurofenix for members
    to maintain the INSOL Europe website for members and others
    to hold international and regional congresses throughout Europe
    to facilitate networking between members and exchange of professional experience
    to discuss and negotiate with relevant officials of European national and international bodies in regard to any matter which may concern members
    to make submissions and contribute to the work of European and other international official bodies who are affected by the insolvency process, or who have a role to play in the saving of businesses and jobs
    to co-operate with INSOL International and its member organisations and other international associations in connection with any insolvency study or project
    to assist in the education and training of members, their staff and others

    MCS monitoring situation around vessels chartered from Rickmers Group

    Following the announcement that the Rickmers Group of Germany, which provides container ships, filed for insolvency on 1 June 2017, one of its clients, MCS (Mediterranean Shipping Company), is said to be “actively monitoring the situation” with regards to three chartered vessels from the group.

    Swiss banks told they need insolvency plans

    Reuters reports that two Swiss banks, UBS and Credit Suisse, have been informed by the country's central bank that, as part of the nation's attempt to pre-empt a financial crisis, they need to prepare credible insolvency plans.

    Clear Leisure faces winding-up request on subsidiary

    A subsidiary of Clear Leisure, Mediapolis, has been issued with a winding-up petition by the court prosecutor of Ivrea in Turin, Italy. Mediapolis owns a 497,884-square-metre plot with planning permission, with the initial idea to use this land to build the largest entertainment venue in the Milan-Turin area. The subsidiary also owns 10 holiday villas in Spain.

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