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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.
     

     

     
    Our goals and strategies
    • To Lead the study, evaluation and development of restructuring and insolvency law, techniques and practice in Europe;
    • To Be acknowledged by European and international bodies as the first port of call for all matters regarding restructuring and insolvency in Europe;
    • To Disseminate technical and topical information on restructuring and insolvency;
    • To Facilitate business development and the exchange of professional experience among its members; and
    • To Further the technical and training of members, their staff and others.

    Cross-border insolvency after Brexit
     

    The framework for the post-Brexit relationship between the UK and the EU is not yet certain. However, in the field of cross-border insolvency INSOL Europe offers a preferred arrangement and an alternative. Preferably, the UK will remain subject to the European Insolvency Regulation, whether on the back of a bilateral agreement between the UK and the EU27 or otherwise. The alternative may be for the EU to adopt the UNCITRAL Model Law to add to the current cross-border insolvency regime.


    The detail of INSOL Europe’s view is set out in the paper Bankruptcy after Brexit.

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    Annual Congress 2018: Athens

    Job cuts expected for Ford employees in Germany

    Reuters reports that the car manufacturer Ford has recently announced plans to drastically reduce its workforce in Germany as part of a major restructuring plan. The firm has already informed employees of the situation and has offered a voluntary redundancy scheme. However, if the target is not achieved via voluntary redundancy, compulsory redundancies are expected.


    SocGen announces cost-cutting measures

    The French investment firm SocGen is looking to initiate cost-cutting measures in a bid to prevent further profit declines, according to eFinancial Careers. The firm is attempting to achieve a target of €500 million in cost reductions, which will involve shedding around 1,500 jobs across the business. 


    Alitalia rescue plan at risk

    Having been placed under special administration by the Italian government in 2017, the state airline Alitalia has been in talks with potential investors regarding a rescue plan. However, Reuters reports that the deal may be in jeopardy, as the three investors involved in the process struggle to come to an agreement before the deadline of 31 March. 


     
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