Financiers Group Mission Statement


The INSOL Europe Lenders Group was founded in 2008 and changed its name to the Financiers Group in 2018 to reflect the changing dynamics in the sector. The Group has diverse aims which are more relevant than ever in an increasingly interconnected world.
 
Bringing financiers together:
Provides a forum and a network for financiers in which they can meet, develop cross-border support and contacts, cooperate and communicate in both insolvencies and restructurings.
Access to market leading professionals:
Acts as a useful link between INSOL Europe practitioner members and the European financier community, including access to legal and financial expertise in country-specific and international matters.
Communication with regulators:
Facilitates meetings and communication with the European Commission, regulators, national organisations and central banks on topics of importance to the financier community.
Considering technical developments:
Aims be the leading forum for disseminating ‘best practice’, technical updates and shared experiences amongst financiers on cross-border insolvencies and restructurings. ​
Promotes greater understanding and insight
on key issues of relevance to financiers across Europe, including: commercial practice, forms of security and enforcement methods.
Distilling commercial implications:
Monitors and provides a forum for discussion and know-how on “hot topics” of relevance to the cross-border lending community. Provides timely, relevant updates on key issues impacting on the restructuring environment. Brings these examples to life with discussions of real life, current examples.
Latest News

Romania agrees to sell separately core assets of Liberty Galati steel mill

The Romanian government, the principal creditor of the financially distressed Liberty Galati steel mill (part of Liberty Steel Group), has reversed its stance and agreed to sell the company's core assets…

Baltika fashion group files for bankruptcy and will lay off all employees

Baltika, an Estonian clothing company with a history spanning nearly a century, has filed for bankruptcy after years of financial struggles. The decision follows a failed restructuring attempt and the…

​Oil and gas firm Petrofac files for administration, putting thousands of jobs at risk

Petrofac, a major UK-based oil and gas contractor with about 7,300 employees globally, has filed for administration, endangering more than 2,000 jobs in Scotland, particularly around its North Sea operations.…

Administrators to realise assets of major kitchen distributor

Waterline Limited, one of the UK's largest independent kitchen and bathroom distributors, founded in 1947, has entered administration and will be wound down after a search for a buyer failed. The company,…

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