Welcome to the GILD, the Global Insolvency Law Database. The GILD is the World Bank's legal portal for insolvency and creditor rights (ICR) matters and is maintained by the World Bank's Legal Vice-Presidency. On this site you will find details about the  World Bank Insolvency Intiative, information on the Insolvency and Creditor Rights ROSC Assessments of the World Bank, the World Bank's  Revised Principles and Guidelines for Effective Insolvency and Creditor Rights Systems and papers published by the GILD on the subject of insolvency and creditor rights. Below, you will also find updates on the most recent activities of the ICR initiative: