23rd Annual IBA Global Insolvency and Restructuring Conference
7 May - 9 May 2017
Session information
EU initiatives for voluntary restructurings and their global analogues: towards more cost-effective, speedy procedures
Tuesday 9 May (0900 - 1200)
Committee(s)
Insolvency Section
(Lead)
Description
Companies in the EU are increasingly establishing business activities in EU countries other than where their core activities are located. Recognising the chaos and immense cost that can ensue when these companies become insolvent, the European Commission has called for the modernisation of the Union’s disparate insolvency framework. This panel will examine the EU’s existing insolvency and restructuring procedures as well as the many challenges facing the European Commission’s reform initiatives. These include: whether the Insolvency Regulation will cease to apply to the UK; whether the UNCITRAL Model Law on Cross-Border Insolvency will be sufficient for the UK to deal with complex cross border European cases; and the effects of Brexit on UK schemes of arrangements.
Session / Workshop Chair(s)
Timothy Graulich | Davis Polk & Wardwell, New York, New York, USA; Co-Chair, Legislation and Policy Subcommittee |
Nicolaes Tollenaar | Resor N U, Amsterdam, Netherlands; Vice Chair, Legislation and Policy Subcommittee |
Speakers
Corinne Ball | Jones Day, New York, New York, USA |
Herve Diogo Amengual | Latham & Watkins, Paris, France |
David Steinberg | Stevens & Bolton, Guildford, England |