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INSOL Europe news and offers
Summer 2021

Dear Members

Looking out of the window of my home office and enjoying some later summer sun, I am pleased to present to you this September newsletter with information on INSOL Europe’s recent and upcoming activities. 

I hope all of you had wonderful summer holidays, not hindered too much by the various COVID-19 related measures still applicable in many countries. However, finally and taking into account the ever increasing numbers of people which now have been vaccinated, better times indeed seem to be near now. 

Although whatever the "new normal" will become may still be unclear, INSOL Europe is still very much on track to have its Annual Congress in Dublin from 3-6 March 2022 as a "real time" event. All preparations are going well, Ireland is about to lift its COVID-19 related restrictions shortly and the registration brochure will go out later this month. I therefore encourage you all and especially our Young Members to register and meet in Dublin. 

Speaking of young members, on 2 September I had the great pleasure to participate as President in the Young Members Speed Networking online event and to meet both young members and new potential young member of various nationalities. Of the professionals which have joined INSOL Europe during this year, more than half were young members, living proof therefore of the true interest we have been able to create with young professionals to join us. Many thanks to Clarissa Nitsch, Robert Peldán and Harriet Taylor for making this a fantastic and fun event. The online video of the event now also can be accessed on the INSOL Europe’s website (see below). I am sure the event will be repeated in future. 

Registration for our Autumn Online Conference on 7 and 21 October titled "Back to the Future" is open and you can register at the link below. We have an exciting programme waiting for you, so please register as soon as possible. 

Please also check out our brand new latest video in our Coffee Break Video Series, presenting an excellent overview of developments in the Czech Republic.

In the meantime, new council elections have taken place and I welcome Bart de Moor (Belgium) and Damien Murran (Ireland) as our new representatives from 7 October coming, following INSOL Europe's OGM. 

During the Presidency and following the resignation of our previous COO a lot of time and effort has been spent on restructuring the secretariat and staff of INSOL Europe to bring about a long term solution. I am glad to be able to inform you that over the summer months this restructuring has been completed successfully with the help and commitment of all staff members. 

At this time it is also befitting to pay tribute to one our longest staff members, Malcolm Cork, who retired from his activities for INSOL Europe at the end of August. For those of you who have been regular attendees at our Annual Congress and EECC conferences over the years, you will no doubt have seen Malcolm steering the event team as a guiding light towards making each one a huge success. However, apart from that, Malcolm has also played a huge role in the lead up to each of these occasions, a role he began for INSOL Europe back in 2006 for our Bucharest Annual Congress. A retired insolvency practitioner himself, his continued interest in the profession together with his event planning skills made him an invaluable member of our team for which his vast experience and dedication will certainly be missed. Malcolm (Corky to his friends), hands over the baton to Hannah Denney and Harriet Taylor who, along with the Executive and Council of INSOL Europe, look forward to seeing you all at our future events. 

You will find more details on all other INSOL Europe's initiatives in this newsletter. A big thank you to all those who contributed to all INSOL Europe activities during my Presidency and to this newsletter. Please check out INSOL Europe’s website to stay up to date with our initiatives.

Finally, given that I will step down as President of INSOL Europe on 7 October coming and this therefore is my last President's Column, I use this opportunity to thank my Executive colleagues Frank Tschentscher and Barry Cahir, the entire staff and secretariat of INSOL Europe and the Council for their great help in running this "digital presidency" during the last year. It has been my pleasure and honor to be your President in these COVID-19 ridden times.

I very much look forward to meeting many of you in Dublin. Until then, do remain careful and please stay safe and healthy, so indeed we can shake hands again in Dublin!  

Marcel Groenewegen
President INSOL Europe

 

 

Marcel Groenewegen
President of
INSOL Europe

 

This issue is kindly sponsored by:
 

LETT

DLA Piper is a global law
firm with lawyers located
in more than 40 countries throughout the world.
www.dlapiper.com

Young Members Group Speed Networking Event

Our latest online speed networking event took place on 2 September, with 35 particpants.
Ten of these were non-members who were introduced by colleagues.
You can watch a short section of the event here:

Kindly sponsored by:

Autumn Online Conference: 1 month to go!

Registration is open for our Autumn Online Conference which is now only 1 month away... 
Watch out for full details very shorly!

Register online today! (€50+VAT for members or €75+VAT for non-members).

Kindly Sponsored by 

Working Group Meetings Schedule 2021 

The following Working Groups will be holding their annual meetings online via Zoom in the next few weeks and INSOL Europe members are invited to join the following sessions:

  • Monday 27 September at 9:00 CET
    Insolvency Tech & Digital Assets Wing Meeting - Register here
  • Tuesday 28 September at 17:00 CET
    Eastern European Countries’ Committee
     Meeting - Register here
  • Wednesday 29 September at 14:00 CET
    Insolvency Office Holders / Turnaround Wing Meeting - 
    Register here
  • Thursday 30 September at 14:00 CET
    Financiers Group Meeting - 
    Register here
  • Friday 1 October at 14:00 CET
    Anti-Fraud Forum Meeting - 
    Register here
  • Thursday 7 October at 16:00 CET
    INSOL Europe Ordinary General Meeting - 
    Register here
  • Wednesday 13 October at 10:00 CET
    Judicial Wing Meeting - 
    Register here

 

If you would like further information about any of the above meetings,
please contact 
Harriet Taylor or visit the Working Groups page on our website.

Benefits of INSOL Europe Membership

  • Discounted rates for our conferences and online events
  • Free access to our Web series – Coffee Breaks: Connecting Minds 2021
  • Free digital copies of publications in the INSOL Europe Technical Series including "The European Communication & Cooperation Guidelines for Cross-Border Insolvency."
  • Free copies of Eurofenix, INSOL Europe's popular quarterly journal
  • Discounted advertising rates for you and your business in Eurofenix
  • Opportunities to join working groups, write articles for our newsletters and website
  • Weekly emails with top European insolvency news items
  • Access to the INSOL Europe European Insolvency Regulation Case Register now hosted by LexisNexis
  • Access to a tracker of insolvency reforms globally produced by Lexis Nexis in partnership with INSOL Europe
  • Privileged website access to password protected members' areas which includes:
    • Glossaries of Terms relevant to insolvency laws of most European countries
    • A downloadable version of the Membership Database
    • Material from the Eastern European Countries' Committee
    • Current edition of Eurofenix in PDF format
    • Forthcoming papers by the Academic Forum
    • INSOL Europe's Financial Statements
  • Discounted rate for the INSOL International conferences
  • Discount of 25% off INSOL International’s Foundation Certificate in International Insolvency Law
  • Free copies of INSOL International's quarterly newsletter, "INSOL World", together with their annual Membership Directory and technical releases.
Visit our website for more details or contact Membership Manager, Hannah Denney.

 

INSIDE Story: The Challenges of Further Digitalisation in Estonian Insolvency Proceedings

Estonian digital governance has been among the best in the world with almost 99% of state services available online. However, one could argue that insolvency proceedings have not been smooth or digital enough so far. Several years of insolvency law revision in Estonia has finally reached its momentum and significant amendments were enacted as of 1 February 2021. The aim of these changes to the Bankruptcy Act is to make insolvency proceedings faster, more cost-efficient and transparent. 

This should also increase satisfaction of claims to creditors and decrease the number of asset-less insolvencies. This piece introduces a selection of the changes enacted in the Bankruptcy Act with the aim of making insolvency proceedings even more digital, smooth and user-friendly.

Read the full story here by Signe Viimsalu, Mag.Iur, PhD, MBA; Managing Partner, SiGN9, Estonia.

Connecting Minds 2021: New Videos Published!

After a break over the Summer, our Coffee Breaks: Connecting Minds 2021 series continues with our popular video conversation format established in 2020. 

This year, the INSOL Europe Country Coordinators will share their experiences with representatives from their local associations, highlighting the reforms and challenges of the national insolvency framework to address the current crisis and other key issues in their jurisdiction.

The latest video from Czech Republic can be seen here alongside Denmark, Croatia, Italy, Luxembourg, Russia, Latvia, Portugal, Finland and France.

Coffee Breaks: Connecting Minds 2021 are brought to you in partnership with the European Bank for Reconstruction and Development (EBRD) and its Legal Transition Programme (LTP). The LTP is the EBRD’s initiative to contribute to the improvement of the investment climate in the Bank’s countries of operations by helping create an investor-friendly, transparent and predictable legal environment.

If you would like to sponsor a Coffee Break video in 2021, please contact Hannah Denney for details.

Watch the latest videos here

 

In partnership with:

INSOL Europe Council Elections 2021 Results

This is the time of year when we consider retirements from and elections to our Council.

Since the closing date of 21 July for receipt of nominations for the vacancies on INSOL Europe’s Council has passed, we can confirm that Bart de Moor (Belgium) and Damien Murran (Ireland) were unoposed and will automatically be elected to their first 3-year term of office.

Jean Baron (France), Adrian Thery (Spain) and Laurent Le Pajolec (Poland) were also unoposed and elected to a second 3-year term of office.

Further details and CVs of all the candidates can be found on our website here.

On behalf of the Executive and Council of INSOL Europe, we offer our congratulations to all candidates and look forward to working with them over the coming years. 

 
Dates for your Diary - More Events Coming Soon!

As well as the events listed above, we have more exciting online and live events planned for the forthcoming months including:

  • EECC Conference Online: 25 November 2021
  • Academic Forum Conference, Dublin: 2-3 March 2022
  • Annual Congress, Dublin: 3-6 March 2022
  • High-Level Insolvency Course: Spring 2022 (to be confirmed)
  • Joint Fraud Conference: Spring 2022 (to be confirmed)

Please visit our website for full details of all these events.

 

We welcome feedback, news and story ideas for future newsletters. 

Please send your suggestions to Paul Newson, Communications Manager,
email: paulnewson@insol-europe.org.

INSOL Europe, PO Box 7149, Clifton, Nottingham. NG11 6WD
www.insol-europe.org
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Disclaimer: This newsletter is sent to members of INSOL Europe. No responsibility legal or otherwise is accepted by INSOL Europe for any errors, omissions or otherwise. The opinions expressed in the articles that appear are not necessarily shared by any representative of INSOL Europe.