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Important message from INSOL Europe regarding malicious emails

During the past few weeks some of our members have been the target of malicious emails asking them to send a large amount of money urgently by bank transfer. As it is common for everyone to have multiple…

Annual Congress ​Copenhagen: A Danish Take on Information and Insolvency

With Chris Laughton as Congress Facilitator kicking off proceedings, Alastair Beveridge (Outgoing President) began by welcoming delegates to a rainy, but beautiful, Copenhagen. A packed day and a half…

​Wonderful Copenhagen: Insolvency at the Cutting Edge

The annual conference of the Academic Forum in its 15th anniversary year took place on 25-26 September in Denmark where the charms of Copenhagen were only mildly attenuated by the autumn chills and grey…

Annual Congress 2019 Photos Now Published!

Photos from the very successful Annual Congress in Copenhagen can now be view on our gallery!


R3 & INSOL Europe International Restructuring Conference highlights
The R3 & INSOL Europe International Restructuring Conference held in London on 11 July was a magnet for European cross-border restructuring professionals. Over 70 delegates participated enthusiastically, contributing views from a range of jurisdictions including the UK, Netherlands, Ireland, Germany, Austria, Switzerland, France and Portugal.

The theme was “Cross-border restructuring: at a crossroads in the wake of Brexit?”. Case law developments allowed something of a look back, while case studies on Agrokor and Steinhoff provided the reality of the here and now. The view forward covered Directive (EU) 2019/1023 on preventive restructuring frameworks, which came into force on 16 July 2019 and requires member states to implement its provisions within two years. Also forward looking was a comparison of English and Dutch schemes of arrangement, the latter being the subject of a bill just presented to the Dutch parliament and which is expected to pass into law during 2020. Finally, four judges explained the development and planned growth of International Commercial Courts in Ireland, the Netherlands, France and Germany.

It was clear from delegates’ passionate engagement during the breaks and when networking after the conference that the direction of travel through the crossroads was similar for all jurisdictions. Furthermore, Brexit is an unwelcome diversion that will hamper cross-border restructuring involving the UK. Even though professionals will be busier on UK cross-border restructurings, non-UK mechanisms will become increasingly important tools, challenging the dominance of UK professionals in this arena.

A full report will follow shortly in Eurofenix.
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