UNCITRAL Working Group V (Insolvency Law) has issued a report on the work of its forty-ninth session, which took place in New York from 2 – 6 May 2016. The Working Group continued its deliberations on the cross-border insolvency of multinational enterprise groups, the recognition and enforcement of insolvency-derived judgments and the obligations of directors of enterprise group companies in the period approaching insolvency. Furthermore the report communicates that a meeting of an open-ended informal group established to consider the feasibility of developing a convention on international insolvency issues has taken place. This is rather exciting, as the development of an international insolvency convention by UNCITRAL would constitute the next big step in international insolvency law leaving behind the defiencies of soft law. The report is available at: http://www.uncitral.org/uncitral/en/commission/working_groups/5Insolvency.html.
The ILA reminds you to join the celebration of yet another landmark – the Seventy7th Biennial International Conference 2016 – which is set to take place from the 7-11 August 2016 in Sandton, South Africa.
Come join an illustrious panel of distinguished local and international speakers, fellow law professionals, business leaders, academics, as well as young scholars from different parts of the world.
Judge Navi Pillay, who will participate in the panel on international criminal law, and former UN High Commissionar for Human Rights, will deliver the key note address at the opening session of the conference.
If you’ve not yet registered, please see the programme online and join us in Sandton. Should you have registered already, additional speaker sessions have been added and high profile speakers confirmed!The regular registration closes 30 June 2016.
Register, by clicking here.
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