Mourant

24th Annual IBA Global Insolvency and Restructuring Conference

6 May - 8 May 2018

Session information

The brave new world of blockchain, cyber currencies, and smart contracts and their impact on insolvency law - Part I

Committee(s)

Insolvency Section (Lead)
Insolvency Section
Legal Practice Division

Description

Blockchain promises to be the most important technological development in business practices since the internet. Blockchain has already spurred the use of various digital assets, such as bitcoin and ethereum; ‘smart contracts’ designed, in part, to streamline transactions by eliminating intermediaries; and novel ways to identify and trace ownership of assets. While blockchain has many useful purposes, it also poses new and significant challenges for lawyers, especially insolvency lawyers. To address these challenges, insolvency lawyers will have to understand the mechanics of of the technology. There will be a presentation on blockchain on Monday and Tuesday. The speakers will begin with the assumption that the audience has no knowledge of this technology before progressing to more complex subjects.

Session / Workshop Chair(s)

Speakers

Tom Brägelmann BBL Bernsau Brockdorff & Partner, Berlin, Germany
Rick Schmitz LegalThings, Amsterdam, Netherlands
Richard Tromans Artificial Lawyer, London, England
Professor Aaron Wright Open Law, New York, New York, USA