TARGET GROUP | Senior policy makers from European countries who are responsible for the design or implementation of corporate and household insolvency legislation and related issues. Participants should have five years of relevant work experience, good knowledge of the insolvency system, and preferably an advanced law degree.
DESCRIPTION | This two-day workshop, presented by the IMF’s Legal Department, aims at providing a forum for officials from European countries to share with their peers their experience with corporate and household insolvency law reform and implementation, as well as other related issues, such as enforcement of claims and alternative techniques for the treatment of distressed debt. The global financial crisis and the subsequent European crises have brought to the fore the need for adequate and effective insolvency regimes and many countries are implementing or have implemented insolvency reforms to address the consequences of changes in the economic environment. This workshop has an interactive format and is designed for policy makers from a diverse group of European countries dealing with corporate and household insolvency issues, leading international experts, and representatives of the IMF’s Legal and European Departments, World Bank, EBRD, and other international organizations.
Upon completion of this workshop, participants should be able to:
• Assess the interaction between policy objectives and technical solutions in the area of corporate and household insolvency and other related areas
• Identify trends for the future development of insolvency legislation
• Extract lessons from positive and negative experiences in European countries