Nottingham Law School sends a Major Delegation to the INSOL Europe Academic Forum Conference

Istanbul, ancient seat of the Eastern Roman, Byzantine and Ottoman Empires, perched on the edge of Europe, was the stunning location for the INSOL Europe Academic Forum conference on 8-9 October this year.

Istanbul, ancient seat of the Eastern Roman, Byzantine and Ottoman Empires, perched on the edge of Europe, was the stunning location for the INSOL Europe Academic Forum conference on 8-9 October this year. INSOL Europe is a pan-European association of academics, judges and practitioners in the insolvency field and has over 1200 members. 

The Academic Forum conferences, which are held twice annually, are a significant forum for academics researching and teaching in insolvency in Europe and wider afield. At the conference, the Centre for Business and Insolvency Law had a significant contingent in attendance and participating in proceedings. Members attending this year included Professors David Burdette, Rebecca Parry and Paul Omar and PhD candidates Wendy Akpareva and Jennifer Gant.

The conference programme included a number of sessions on designing insolvency systems. The first session on this topic, included presentations on insolvency and pedagogy; an examination of the value of the principle of one company, one insolvency, one procedure; the blurring of corporate rescue aims to include other objectives and outcomes and whether or not these alternative objectives are appropriate for corporate rescue at all; and a return to the principals of insolvency law. This session was chaired by Professor Paul Omar, who is also the Secretary of the Academic Forum.

During the second session on designing insolvency systems, Centre member Jennifer Gant presented, on behalf of herself and Dr Alexandra Kastrinou, the preliminary findings of a collaborative project entitled 'The Road to Recovery'. This project seeks to explore the impact of the financial crisis on the rights of workers and insolvency systems in a number of European jurisdictions, including two that have been severely affected (Portugal and Greece), comparing them to two others that have not suffered in the same manner (United Kingdom and France). 

This session also included papers on liability for environmental obligations following the transfer of a company; a critical assessment of the concept of corporate rescue; and fraudulent investment schemes and the design of insolvency systems. A number of interesting themes emerged on several occasions during these sessions relating to the role of social policy in insolvency law reform and whether such reforms can be said to be effective in terms of social protection, themes that will likely lend themselves to further research for members of the Centre in the near future.

The second day began with a round table focussing on international reform strategies. The panel was composed of a number of leading experts in this area, including members of the World Bank and consultants drawn from the academic community, among whom were Professor David Burdette. Professor Burdette was able to lend his considerable experience in multi-jurisdictional insolvency systems creation and reform to the discussion, which focused on how outcomes of various reform projects could be assessed as to their success. This session was followed by a Young Academics Network session, during which Wendy Akpareva presented her doctoral research on the design of insolvency laws, in particular whether procedures should be tailored for individual legal systems.

The conference was accounted a particular success by the delegates, not just for the choice of location, but also because of the themes and ideas raised during proceedings, which undoubtedly will form the basis of a number of future research projects. Members of the Centre were pleased to have been able to contribute to this through their involvement.

 

Nottingham Law School sends a Major Delegation to the INSOL Europe Academic Forum Conference

Published on 8 October 2014
  • Category: Nottingham Law School

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