UNCITRAL-World Bank Group Judicial Capacity-Building Initiative on International Best Practices in the Area of Insolvency Law
The joint UNCITRAL-World Bank Group Judicial Capacity-Building Initiative on International Best Practices in the Area of Insolvency Law is intended to serve as a platform for judges, in particular from developing countries, to exchange their views and experiences with handling domestic insolvency cases and to learn in that context about the UNCITRAL Legislative Guide on Insolvency Law and the World Bank Principles for Effective Insolvency and Creditor/Debtor Regimes. It is organized, in particular, in response to the requests made by UNCITRAL to its secretariat to intensify its capacity-building activities in support of the judiciary (see A/74/17, para. 251, and A/76/17, para. 306).
Under the initiative, a series of capacity-building will be held, each on a different topic, to allow an exchange of views and experiences with handling domestic insolvency law cases and learning about international best practices in the area of insolvency law.
The first in a series of capacity-building sessions focused on avoidance proceedings. The session featured a comparative overview of approaches to avoidance proceedings, a case study and an exchange of views as regards the solutions recommended in the UNCITRAL Legislative Guide on Insolvency Law (recommendations 87-99) and the World Bank Principles for Effective Insolvency and Creditor/Debtor Regimes (Principle C11).
The first session on avoidance proceedings took place in Vienna (virtual) on 27th and 28th October 2021. More than 150 judges participated.
The materials of the first session can be found at the links below.
Reference materials (PDF)
Presentations