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With thanks to our Academic Sponsor:

As part of our ongoing membership development strategy, we have started a programme to develop a close relationship with the relevant National Association (or similar body) in each jurisdiction covered by our members. The purpose of this cooperation is to establish a close bond between the National Association and INSOL Europe so that:

• both organisations may jointly work towards furthering the profession in the insolvency, business reconstruction and recovery market,
• INSOL Europe is able to represent and give a voice to the National Association before European legislative bodies, and
• to increase the flow of relevant information between the Associations and promote their respective professional events.

In addition, members of those Associations receive a special discount when joining INSOL Europe. Associations with whom we have a signed cooperation agreement are listed below, and more are in the pipeline:

• Belgium – Reseau CAP
• Croatia – Husu
• Ireland – Restructuring & Insolvency Ireland
• Italy – Consiglio Nazionale dei Dottori Commercialisti e Degli Esperti Contabili
• France – L’Association pour le Retournement des Entreprises
• Netherlands – INSOLAD
• Portugal - APDIR (to be confirmed)
• Romania – UNPIR Cluj Branch

Visit our Membership Development Committee page for more information, and the Country Coordinators page for a list of designated contacts within each country.

We are delighted to announce that LexisNexis is now hosting the case register for INSOL Europe on its new platform, Lexis+. Lexis+ brings together the UK's leading legal research database and Practical Guidance content into one connected legal world, providing customers with a solution unlike any other on the market. The case register (which was previously hosted on Lexis Library) is now hosted on Legal Research in Lexis+. 

The INSOL Europe case register is a unique case abstract service providing summaries of over 800 judgments from the Court of Justice of the European Union and first instance and appeal courts of the EU Member States (and the UK) that consider a significant point relating to the Recast Regulation on Insolvency 2015/848 (or its predecessor, the EC Regulation on Insolvency Proceedings 1346/2000).

The abstracts are provided on behalf of INSOL Europe by national correspondents, practising or academic lawyers, covering each of the EU Member States and are academically moderated by Professor Reinhard Bork, University of Hamburg, and Dr Kristin van Zwieten, Oxford University.

For details of how to use and search the case register, see the accompanying ‘How to Guide’.

How do I access it?
Upon joining INSOL Europe, INSOL Europe members should have received an email with their username and password for the case register. Please contact Natasha Sable at INSOL Europe if you don’t have your LexisNexis password.

​The Younger Academic Network of Insolvency Law (YANIL) is pleased to announce the launch of the YANIL Research Prize for Innovative and Outstanding Research. With this Prize, YANIL aims to put the limelight on the excellent research produced by younger academics in the field of European insolvency and restructuring law. 

YANIL, a branch of the INSOL Europe Academic Forum, provides a lively and supportive network for younger academics to grow their academic talents. In pursuit of its objectives, various initiatives to present and publish research have been developed in recent years. 

A new challenge pressing YANIL is to ensure that the research of younger academics enjoys the attention it deserves and is disseminated as widely as possible. The refreshing ideas of younger academics, thanks to new questions, methods, or solutions proposed, are considered crucial for the development of the academic debate. With this new Prize, YANIL aims to raise awareness of their research and support them in pursuing an academic career.

Presenting the main findings in short videos
In order to raise the awareness for the research, the Prize involves several opportunities to present the research. This includes creating a short video in which the main findings of the research are presented. The video will be submitted by the applicants along with their research output. The videos of the winning applicants will be considered for publication on the YANIL/INSOL Europe and BWILC website, along with an abstract of their paper.
  
Three Prizes for younger academics
The jury of this first edition of the Prize is comprised of the board of YANIL (Gert-Jan Boon, Giulia Ballerini, David Ehmke, Emilie Ghio, Jonatan Schytzer and Eugenio Vaccari) and the chair of the IEAF (Prof. Rodrigo Rodriguez).

For this year’s edition, three prizes may be awarded: 1st place EUR 750; 2nd place EUR 500; 3rd place EUR 250. The winners will also be invited to present their paper at an online YANIL research seminar that will take place at the beginning of 2024. 

Participating
The deadline for the submission is 4th November 2023. This edition welcomes submission for research that has been published (or is under review) in the period January 2022 to September 2023. 

This prize is made possible with the financial support of the Foundation Bob Wessels Insolvency Law Collection (BWILC). 

More information on the YANIL Prize for Innovative and Outstanding Research can be found here. 

Following a series of external events that have weakened the company in recent years, Air Belgium decided to review the company’s development strategy. It wishes to concentrate henceforth on its two growth-generating B-to-B activities, namely cargo and ACMI for passenger and cargo flights, and to discontinue its own Passenger business, which in the face of increased competition is proving to be chronically unprofitable to date. 

In order to manage and address its current debt, Air Belgium filed for judicial reorganisation by way of amicable agreement. 

Air Belgium’s counsel is Strelia, a law firm based in Brussels and its core Insolvency & Restructuring team, composed of INSOL Europe Council member Bart De Moor, partner, and Marine Callebaut and Sofie Onderbeke, associates, as well as other lawyers of the firm.

Air Belgium SA is a company under Belgian law. Air Belgium's activities rest on three pillars: long-haul passenger flights at competitive rates for both business and leisure passengers, cargo flights and flights for numerous renowned foreign airlines, tour operators, cruise companies and both Belgian and foreign governments (ACMI/Law Lease). The aviation sector has gone through numerous disruptions over the last three years that have severely impacted the profitability of passenger operations for airlines, and Air Belgium is unfortunately no exception. 
    
Faced with a more than unstable socio-economic and geopolitical environment, Air Belgium has taken a number of decisions to ensure the long-term viability and growth of the company which has a staff of 500 people, namely (1) to concentrate on the two profitable lines of business that offer growth prospects: cargo and ACMI, (2) discontinue the Passenger business, and (3) initiate judicial reorganisation proceedings by way of amicable agreement to ensure the company’s long-term viability and growth and to give it time to reorganise internally around these two segments. The purpose of the judicial reorganisation proceedings is to ensure the company’s long-term viability.