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Insolvency Law

Expert guidance on all aspects of corporate and personal insolvency

07 DEC 2012

INSOL: Global Insolvency Practice Course Class of 2013

"INSOL International is pleased to announce the launch of the 2013 Global Insolvency Practice Course. The qualification received will bestow a Fellowship from INSOL International. The Global Insolvency Practice Course is a result of the large interest that the INSOL membership demonstrated for an advanced educational qualification focusing on international insolvency.

Registrations are now being accepted for the 2013 Global Insolvency Practice Course. The brochure and application form can be downloaded from our web site at http://www.insol.org/INSOLfaculty/.  The deadline for applications is the 28th February 2013.

In the light of the current economic crisis that many countries are facing and with the fast growing number of cross-border insolvency cases and the adoption in many jurisdictions of international insolvency rules and provisions, the turnaround and insolvency profession faces increasing new challenges.  Practitioners and turnaround experts need to have extensive knowledge of the transnational and international aspects of legal and financial problems of businesses in distress. The Global

Insolvency Practice Course provides this knowledge.

The style of the Fellowship programme is intensive, carried out over a short period of time in order to help those taking the course to be able to dedicate the time and energy to getting the most out of the opportunity.

The first module will be held in The Hague, The Netherlands on the 16-18 May 2013 preceeding INSOL 2013, INSOL's Ninth World Congress. Module B will be held in New York on the 16-19 September 2013. Participants of the course, as part of the course have a free delegate place to attend INSOL 2013 which not only increases the learning experience of the course but also helps build business networks for the future for the participants.

The last module will involve the students carrying out on-line training in a virtual court and in virtual negotiations for a restructuring plan involving multiple jurisdictions undertaken with the generous support of the University of British Columbia, Vancouver, Canada. This module takes place on the 4-8 November 2013. 

Admission is limited to a maximum of 17 candidates each year. By limiting the numbers, it should ensure academic excellence and good personal contact between students and faculty. Potential candidates must already hold a degree or equivalent to be considered for this programme and must have a minimum of 5 years experience in the field. Participants will represent the different jurisdictions.

Gordon Stewart, President of INSOL International :

"The global economic crisis is far from over.  Businesses and countries are not out of the woods yet. Not least of the current problems are the continuing limits on the availability of finance. So it is as important as ever for those involved in cross-border financial distress - whichever stakeholder they are assisting - to have strong understanding of the differences in restructuring and insolvency law and practice they are likely to encounter in resolving the problems faced by multinational groups.  Our Fellowship course, presented by leading lecturers from around the world, covers both the financial considerations and the legal rules that must be understood in tackling such cases."

Professor Ian Fletcher, University College London, a member of the Core Committee responsible for planning the programme :

"Designed and taught by an international Faculty of highly distinguished experts, the INSOL Fellowship Programme offers a unique learning experience. It answers a long-felt demand for a benchmark qualification to identify those practitioners who are in the front rank of transnational insolvency practice in today's challenging global market place."

Mahesh Uttamchandani, Global Product Leader, Insolvency, Investment Climate Advisory Services, World Bank Group 

"The Fellowship programme will be a very rewarding investment towards a successful career, both through helping the development of professional skills and through fostering a greater understanding of different jurisdictions' cultures and systems."

Further testimonials from lecturers and Fellows can be viewed on our web site at http://www.insol.org/INSOLfaculty/

INSOL Fellows who have completed the course are willing to answer any questions you or your firm might have regarding the structure and benefits of the course.  Please contact Heather Callow, Tel (+44) 207 248 3333 or Email heather@insol.ision.co.uk if you would like any further information or to be put in touch with a Fellow within your region."

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