25th anniversary of the UNCITRAL Model Law on Cross-Border Insolvency
Panel discussion on sharing experience across regions - 15 July 2022
The UNCITRAL Model Law on Cross-Border Insolvency turns 25 years this year. Adoption of the Model Law in 1997 has been followed by the adoption of several instruments on insolvency law by UNCITRAL, covering most if not all aspects of a strong and effective insolvency framework. These instruments are listed in Insolvency | United Nations Commission On International Trade Law. They are widely accepted as offering solutions appropriate to many countries at different stages of economic development, regardless of the legal system they belong to. UNCITRAL texts are also widely used as reference tools when assessing the efficiency of national legal frameworks and any need for further reform.
On the occasion of the 25th Anniversary of the UNCITRAL Model Law on Cross-Border Insolvency, the UNCITRAL secretariat organized a panel discussion among stakeholders active in insolvency law reform to inform the Commission about lessons learned from recent inter-regional multilingual experience- featuring assessment exercises and knowledge-sharing in the area of insolvency law and the role that UNCITRAL legislative, guidance and reference materials and events played in that context.
- Program
- Video recording
- Speaker Statements (only available in English)
- Andres Federico Martinez, Senior Financial Sector Specialist,
WBG - Jose Garrido, Senior Counsel, IMF
- Catherine Bridge Zoller, Senior Counsel, Legal Transition, European Bank for Reconstruction and Development
- André Rocha, IIDC, International Academic Coordinator at the Brazilian Insolvency Institute (IBAJUD)
- Professor Alexander Trunk, Kiel University
- Athita Komindr, Head, RCAP
- Judge Nicoleta Mirela Năstasie (Romania)
- Hon Sir Alastair Norris (United Kingdom)
- Samallie Kyingi, General Counsel, Afreximbank
- José Angelo Estrella Faria, Principal Legal Officer, UNCITRAL
- Andres Federico Martinez, Senior Financial Sector Specialist,
- A/CN.9/WG.V/WP.184 - Summary of the panel discussion on "Sharing experience across regions: insolvency reforms in Latin America, Europe and beyond”, held on 15 July 2022 during the fifty-fifth session of UNCITRAL
Conference dedicated to the 25th anniversary of the Model Law on Cross-Border Insolvency - 16 December 2022
Additional Resources
- Commemorating 25 Years of the UNCITRAL Model Law on Cross-Border Insolvency - INSOL International (password: MlCbI25yrs)
- UNCITRAL National Coordination Committee for Australia (UNCCA) Annual May Seminar 2022
- Workshop on UNCITRAL instruments related to cross-border insolvency – 25th Anniversary of the UNCITRAL Model Law on Cross-Border Insolvency (Viet Nam)
