Podcast Location:
Download it here [file size: 26.4 MB]
Part of:
Cross Border Insolvency CPD Training Bundle
Categories:
European Law
Insolvency & Restructuring
CPD Points:
Up to 1 point. details »

Due to the difference in guidelines between the SRA and the Bar Standards Board, CPD points are awarded differently for Solicitors, Barristers and Legal Executives:

Regulated by the Solicitors Regulation Authority:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Regulated by the Bar Standards Board:
Listen and pass the quiz: Gain 1 accredited CPD point (60 minutes)

Regulated by ILEX:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)

Cost:
  • FREE
Length:
30 minutes of audio
(+ optional 5 minute online quiz)
Plays on Computer:
Yes Downloadable as MP3:    Yes
Contributor(s):
Course Aims:

This podcast aims to give the listener an update on the latest developments in the harmonisation of EU insolvency law. It looks at the benefits and pitfalls of a cross-borer insolvency regime before discussing the INSOL Europe report. In particular, the podcast focuses on key areas such as the differences between member states with regard to opening an insolvency proceeding, the ranking of creditors, the process of filing and verifying claims and annulment and clawback. The podcast concludes with a discussion on the areas least and most appropriate for harmonisation in the EU.

Outcomes:
After completing the course you will:
  • Appreciate the benefits of a cross-border insolvency regime;
  • Be aware of the issues discussed in the INSOL Europe report;
  • Know the differences in the opening and management of insolvency proceedings in the different member states;
  • Understand issues raised by the creditor ranking in different member states;
  • Be aware of the effect of the various other differences in the insolvency regimes of the EU member states;
  • Appreciate the biggest obstacles to harmonising insolvency law;
  • Know the most appropriate areas for harmonisation.
Level:
Specialist Difficulty: 5 of 5
Classification:
Legal Principles
Market Update / Hot Topic
Practical Guide
Sources and References:
  • "European Parliament Report : Harmonisation of Insolvency Law;
  • This document is available on the Internet at: http://www.insol-europe.org/eu-research/harmonisation-of-insolvency-law-at-eu-level/".
Tags:

In this CPDcast, David Marks QC from premier insolvency set 3-4 South Square discusses the possibility of a cross-border insolvency regime in light of the 2010 INSOL report on the harmonisation of European insolvency law.

Podcast last reviewed: 2011-08-25

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