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Insolvency and Creditor/Debtor Regimes Task Force Meeting (Jan 10-11, 2011)





10-11 JANUARY, 2011 

Preston auditorium

1818 H Street N.W., Washington DC 22032 


January 10, 2011

8.00 – 9.00

Registration & coffee

9.00 – 9.30


Welcome and introductory remarks by Anne-Marie Leroy, Senior Vice President and General Counsel, World Bank Group

Presentation of the Task Force agenda by Vijay S. Tata, Chief Counsel, LEGPS, World Bank

UNCITRAL Legislative Guide on Insolvency Law on the Treatment of Enterprise Groups: Updating the World Bank Principles 

9.30 – 11.00

11.00 – 11.15

Coffee break

A Global View of Business Insolvency Systems

11.15 – 12.30

Presentation of the book “A Global View of Business Insolvency Systems”

  • Jay L. Westbrook, University of Texas at Austin
  • Charles D. Booth, University of Hawaii
  • Christoph G. Paulus, Humboldt University, Berlin
  • Harry Rajak, University of Sussex


12.30 – 2.00

Lunch (MC Private Dining Room East)

Insolvency Representatives 

2.00 – 4.00

Presentation of WB paper on the regulation of insolvency representatives

Roundtable on insolvency representatives:


4.00 – 4.15

Coffee break

Out-of-Court Restructuring and Workouts 

4.15 – 6.15

Presentation of WB paper on out-of-court restructuring and workouts

Roundtable on out-of-court restructuring and workouts:


Reception (MC 12th Floor Gallery)


January 11, 2011

9.00 – 9.30

Registration & coffee

The Bankruptcy Treatment of Financial Contracts: Lessons for Emerging and Developing Markets 

9.30 – 10.45


Roundtable on the insolvency treatment of derivatives and other financial contracts:

  • Riz Mokal, World Bank
  • Edward Janger, Brooklyn Law School
  • Adam J. Levitin, Georgetown Law School
  • Stephen J. Lubben, Seton Hall Law School
  • Edward Murray, ISDA
  • Mark J. Roe, Harvard Law School
  • Michael Simkovic, Seton Hall Law School


10.45 – 11.00

Coffee Break

11.00 – 12.00

The Bankruptcy Treatment of Financial Contracts: Lessons for Emerging and Developing Markets (cont.)

12.00 – 1.30

Lunch (MC Private Dining Room East)

Keynote Address: “Empty Creditors” and the Demands of Financial Innovation - Henry T. C. Hu, solely in his capacity as the Allan Shivers Chair in the Law of Banking and Finance, School of Law, University of Texas at Austin

Best Practices in the Insolvency of Natural Persons 

1.30 – 2.45

Part I

A panoramic view of the diversity in the treatment of insolvent natural persons

Roundtable on the regulation of the insolvency of natural persons

2.45 – 3.00

Coffee Break

3.00 – 4.30

Part II

The need for the development of insolvency regimes for natural persons and

the link to credit expansion and financial stability

  • Adolfo Rouillon, World Bank
  • Sophie Sirtaine, World Bank
  • Yan Liu, IMF
  • Nick Brainsby, EBRD
  • Sue Rutledge, World Bank
  • Leonard Gilbert, IBA
  • Sumant Batra, INSOL
  • Claudia Gross, UNCITRAL

4.30 – 5.00

Conclusions and Closing

Last updated: 2011-04-18

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