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The IBA’s response to the situation in Ukraine
The Insolvency Section of the IBA is the most prominent international association of lawyers interested in restructuring, insolvency and creditors' rights law, as well as related company law, transactional and litigation practices.
Its principal goals are to:
By joining the Insolvency Section, you will benefit from :
Members are encouraged to participate actively in the Section's work both at its conferences and, throughout the year, through the work of its Subcommittees and through articles in the Section's journal.
The Section serves as an Official Observer to the UNCITRAL Working Group on Insolvency Law, which it has assisted in developing the UNCITRAL Model Law on Cross-Border Insolvency and with which it is currently working to identify areas for harmonisation of domestic insolvency laws, aimed at ensuring certainty and effectiveness in cross-border trade and other financial transactions. The Section works closely, on these and other efforts, with other multinational institutions concerned with insolvency, such as the World Bank and the International Monetary Fund, as well as with organisations of insolvency practitioners such as INSOL International/INSOL Europe, the International Insolvency Institute, the Association of European Insolvency Practitioners and national insolvency specialist organisations.
During the UNCITRAL Working Group V session in December 2020, a colloquium was held to consider whether UNCITRAL should be advised to undertake future work on applicable law (choice of law) in cross-border insolvency proceedings.
In recent times, physical crowds are frowned upon, lest it spark the inadvertent transmission of the deadly Covid-19 virus across social groups. However, it is precisely in times like these that the true value of the crowd has emerged.
The Insolvency Section compiled a country-by-country comparison exploring insolvency legislation initiatives as a result of the Covid-19 pandemic. Information was gathered with the collaboration of the Insolvency Section officers and members in July 2020.
Download Covid-19 relief measures
The latest issue of the Section journal, Insolvency and Restructuring International (IRI), is now available to access online for all members of the IBA Insolvency Section. Non-members are able to read brief summaries of the articles online and will find links to purchasing articles and issues.
IRI is published twice yearly and sent to members of the section. For others it is available via subscription.
The Insolvency Section also coordinates the activities of the following subcommittees/working groups.