International
Insolvency Institute

Eighth Annual III Conference 2008

Humboldt University
Berlin, Germany
June 9 – 10, 2008

Conference Co‐Chairs
Dr. Eberhard Braun, Schultze & Braun, Achern
Professor Christoph Paulus, Humboldt University, Berlin
John A. Barrett, Fulbright & Jaworski LLP, Houston
E. Bruce Leonard, Cassels Brock & Blackwell LLP, Toronto 

Summary of Contents

Panel Presentations

  • The European Scene: The Latest in European Insolvency (III and Insol Europe)
  • The Criminalization of Directors and Officers: Personal Risk and Liabilities in Insolvencies
  • “Hedge Funds – The New Masters of the Bankruptcy Universe”
  • Pre-Packaged Disposals on Insolvency: International Standards and Variations
  • China’s New Bankruptcy System and Pan Pacific Insolvency Developments
  • The Role of Derivatives in the Credit Crisis, the Mortgage Mess and the Coming Default Cycle
  • The COMI Controversies: Co-ordinating Competing Jurisdictions
  • Judges Without Borders: The Role of the Insolvency Judge in the Management and Resolution of Cross-Border Cases
  • A Global Comparative Study of Wage and Pension Claims in Insolvency: The III Social Claims Committee Interim Report (III and Insol Europe)
  • Financing Companies Undergoing a Debt Restructuring in Latin America
  • Report on Intellectual Property Rights in Reorganizations Worldwide
  • New Directions in the Reform of Sovereign Debt Restructuring
  • Preliminary Report of the Task Force on Third Party Protections in Restructurings
  • Report of the Committee on the III Foundation

The International Insolvency Institute

Members of the International Insolvency Institute (2008)
III Web Membership Directory
III Judicial Committee Members
III Academic Forum Members


Monday June 8, 2008

9:00 – 10:00 Keynote Address: Managing the Future Through Pro-Active Change: Challenges and Opportunities for European Business 

Dr. Roland Berger, Roland Berger Strategy Consultants GmbH, Munich 

Professor Dr. Roland Berger is the Chairman of Roland Berger Strategy Consultants of Munich, one of the world’s leading strategy consulting firms with 32 offices in 23 countries employing over 1700 people.  Dr. Berger is the Vice-Chair of the Association of Management Consulting firms and has served several terms as President as the European Federation of Management Consultants.  Dr. Berger is a renowned and pre-eminent European expert on management consulting and brings enormous experience and authority to our Conference as its Keynote Speaker

10:20 – 11:30    The European Scene: The Latest in European Insolvency (III and Insol Europe) 

(Presented by the III Committee on European Union Developments in conjunction with Insol Europe)

Co-Chairs
Professor Christoph Paulus, Humboldt-Universität zu Berlin, Berlin and International Affairs Counsel, Schultze & Braun, Berlin
Dr. Eberhard Braun, Schultze & Braun, Achern

Speakers
Mr. Justice Yves Merlat, Evry Commercial Court, Paris 
Reinhard Dammann, White & Case LLP, Paris 
Christopher D. W. Mallon, Skadden, Arps, Slate, Meagher & Flom LLP, London 
Professor Bob Wessels, Leiden University, Leiden

Papers

11:30 – 12:30    The Criminalization of Directors and Officers: Personal Risk and Liabilities in Insolvencies 

(Presented by the Committee on Corporate and Professional Responsibilities in Insolvencies) 

Chair
Michael Thierhoff, Thierhoff Illy & Partner, Leipzig, Germany 

Speakers
Ronald DeKoven, 3-4 South Square, London 
Robert B. Millner, Sonnenschein, Nath & Rosenthal, Chicago
Alberto Piergrossi, Piergrossi Bianchini Eversheds, Milan 
Hideyuki Sakai, Bingham McCutchen Murase, Sakai & Mimura, Tokyo

Papers

1:45 – 2:45 "Hedge Funds – The New Masters of the Bankruptcy Universe" (Presented by the III Committee on Hedge Funds) 

Chair 
Robert J. Rosenberg, Latham & Watkins, New York

Speakers
Kolja von Bismarck, Clifford Chance, Frankfurt 
Professor Steven L. Schwarcz, Duke University, Durham, N.C. 
Stephen J. Taylor, AlixPartners, London 
Silvio Tersilla, Studio Legale Lovells, Rome

Papers

2:45 – 3:45 Pre-Packaged Disposals on Insolvency: International Standards and Variations 

Chair
Patricia Godfrey, Nabarro LLP, London 

Speakers
Isabelle Didier, Maitre Isabelle Didier, Paris 
Dr. Sandra Frisby, Nottingham University, Nottingham 
Marcia L. Goldstein, Weil, Gotshal & Manges LLP, New York 
Siv Sandvik, Advokatfirma DLA Nordic DA, Oslo 
Dr. Annerose Tashiro, Schultze & Braun, Achern 

Papers

3:45 – 4:45 Pan Pacific Insolvency Developments: A View From the Trenches 

(Presented by the Committee on Asian Developments) 

Chair
Edward H. Tillinghast, III, Sheppard Mullin Richter & Hampton LLP, New York 

Speakers
George Kelakos, Kelakos Advisors, Greenwich 
David V. Madden, Managing Director, Angelo Gordon (Asia), Hong Kong
John M. Marsden, Mayer Brown JSM, Shanghai 
Professor Li Shuguang, China University of Politics and Law, Beijing 
Dr. Shinjiro Takagi, Nomura Security Co. Ltd., Japan 

Papers 

4:45 – 5:00 The 2008 III Gold Medal Prize in International Insolvency Studies.

(Presented by the Committee on International Insolvency Studies) 

Co‐Chairs
Professor Bob Wessels, Amsterdam
Professor Jay L. Westbrook, Austin, Texas. 

A presentation by the Gold Medal Winner of the Institute’s Prize in International Insolvency Studies.

Papers

Presentation of the 2008 III Outstanding Contributions Award

Honouree
Dr. Manfred Balz, Deutsche Telekom AG, Berlin 

Introduction by
John A. Barrett, Fulbright & Jaworski, Houston - Chair, III Board of Governors

Presented by
Professor Christoph Paulus, Humboldt University, Berlin 

Appreciation by
Richard A. Gitlin, Gitlin & Company, LLC, Hartford 


Tuesday June 9, 2008

9:00 – 10:15 The Role of Derivatives in the Credit Crisis, the Mortgage Mess and the Coming Default Cycle 

Co-Chairs
Donald S. Bernstein, Davis Polk & Wardwell, New York
Steven T. Kargman, Kargman Associates, New York 

Speakers
Evelyn H. Biery, Fulbright & Jaworski LLP, Huston
Professor Kenneth N. Klee, Klee,Tuchin, Bogdanoff & Stern LLP, Los Angeles 
Anthony Murphy, Citigroup Corporate and Investment Banking, New York 
Nicholas A. Segal, Freshfields Bruckhaus Deringer, London 
Andrew Wilkinson, Goldman Sachs International, London

Papers

10:30 – 11:30 The COMI Controversies: Co-ordinating Competing Jurisdictions 

(Presented by the Committee on International Jurisdiction and Co-ordination) 

Chair
Hon. Ralph R. Mabey, Salt Lake City 

Speakers
Daniel M. Glosband, Goodwin Procter, Boston 
Agustin Bou Maqueda, Jausas, Barcelona 
Gabriel Moss, Q. C., 3-4 South Square Chambers, London 
Professor Jay L. Westbrook, University of Texas, Austin 
Susan Power Johnston, Covington & Burling LLP, New York (Committee Reporter) 

Papers

11:30 – 12:30 Judges Without Borders: The Role of the Insolvency Judge in the Management and Resolution of Cross-Border Cases 

(Presented by the III Judicial Committee)

Co-Chairs
Hon. Charles G. Case, United States Bankruptcy Court, Phoenix
Mr. Justice Luciano Panzani, Supreme Court of Italy, Rome 

Speakers
Hon. Samuel L. Bufford, United States Bankruptcy Court, Los Angeles
Mr. Justice Geoffrey B. Morawetz, Ontario Superior Court of Justice, Toronto
Mr. Justice David Richards, Royal Courts of Justice, London
Mr. Justice Professor Heinz Vallender, Cologne Bankruptcy Court, Cologne 

Papers
Judicial Cooperation within the E.U. Insolvency Regulation (Professor Heinz Vallender) 

1:45 – 2:30 A Global Comparative Study of Wage and Pension Claims in Insolvency: The III Social Claims Interim Report (III and Insol Europe) 

(Presented by the Committee on Social Claims in Bankruptcy)

Chair
Professor Janis Sarra, University of British Columbia, Vancouver 

Speakers
Burkard Göpfert, Gleiss Lutz, Munich
Pekka Jaatinen, Castrén & Snellman, Helsinki
Karen O'Flynn, Clayton Utz, Sydney
Robin E. Phelan, Haynes and Boone, LLP, Dallas

Papers
Treatment of Employee and Pension Claims During Company Insolvency in 62 Jurisdictions (Professor Janis Sarra)

2:30 – 3:15 Latin American: Financing Companies Undergoing a Debt Restructuring

(Presented by the Committee on Latin American Developments)

Moderators
Ricardo Beller, of Marval, O’Farrell & Mairal, Buenos Aires

Speakers
Agustin Berdeja-Prieto, Berdeja y Asociados, S.C., México
Thomas B. Felsberg of Felsberg e Associados, Sao Paulo
David Gurfinkel, Allende & Brea, Buenos Aires
Fernando Jamarne, Alessandri & Compania, Santiago
Luis Manuel C. Méjan, Instituto Federal de Especialistas de Concursos Mercantiles, México

Papers

3:15 – 3:35 Report on Intellectual Property Rights in Reorganizations Worldwide

(Presented by the III Intellectual Property Rights Committee) 

Chairs
Steen Klein, Horten, Copenhagen 
Spiros Bazinas, UNCITRAL, Vienna

Papers

3:35 – 3:55 New Directions in the Reform of Sovereign Debt Restructuring

(Presented by the Committee on Sovereign Insolvencies)

Co-Chairs
Professor Christoph Paulus, Humboldt-Universität zu Berlin, Berlin
Steven T. Kargman, Kargman Associates, New York

Papers

3:55 – 4:15 Preliminary Report of the Task Force on Third Party Protections in Restructurings 

Co-Chairs
Josefina Fernandez-McEvoy, K&L Gates, Los Angeles
David A. Murdoch, K&L Gates, Pittsburgh 

Papers
Third-Party Protections in Restructurings (Josefina Fernandez-McEvoy and David A. Murdoch)

4:15 – 4:30 Report of the Committee on the III Foundation 

Co-Chairs
Leonard H. Gilbert, Holland & Knight LLP, Tampa , Florida
Evelyn H. Biery, Fulbright & Jaworski, Houston 


2008 Berlin Conference Sponsors and Supporters

The International Insolvency Institute expresses its grateful appreciation to the leading firms who have provided valuable sponsorship support for the III’s wonderful Conference in Berlin as the III’s inaugural event in Europe.

Platinum Benefactor Sponsor: 
Schultze & Braun, Achern and Berlin | Dr. Eberhard Braun, Professor Christoph Paulus 

Platinum Level: 
Skadden, Arps, Slate, Meagher & Flom LLP, Chicago, New York, London | John Wm. Butler, Jr., D. Jansing Baker, Chris Mallon 
Dr. Pannen Rechtsanwälte, Hamburg | Dr. Klaus Pannen
K&L Gates, Los Angeles | Josefina Fernandez-McEvoy, David A. Murdoch
Fulbright & Jaworski LLP | John A. Barrett, Evelyn H. Biery, Zack A. Clement

Gold Level:
Dr. Beck & Partner GbR, Nürnberg | Dr. Siegfried Beck
Davis Polk & Wardwell, New York | Donald S. Bernstein, Karen E. Wagner
Hermann Rechtsanwälte, Frankfurt | Dr. Ottmar Hermann
Heuking Kühn Lüer, Cologne | Dr. Hans-Jochem Lüer
Kanzlei Kebekus & Zimmerman, Dusseldorf | Dr. Frank Kebekus
Kübler GbR Dresden | Dr. Bruno Kübler
Leonhardt, Westhelle & Partner, Berlin | Dr. Herr Köhler-Ma
Pluta Rechtsanwalts GmbH, Munich | Dr. Martin Prager
Schneider, Geiwitz + Partner, Neu-Ulm | Dr. Werner Schneider

Silver Level:
Brinkmann & Partner, Munich | Dr. Carlos Mack
Thierhoff Illy & Partner, Leipzig | Michael Thierhoff
Wenger Plattner, Küsnacht | Dr. Karl Wüthrich
Cassels Brock & Blackwell, Toronto | Bruce Leonard, David S. Ward, Jonathan Fleisher, John N. Birch

Bronze Level:
CMS Hasche Sigle , Berlin | Dr. Michael C. Frege
Nomura Security Co., Ltd., Tokyo | Dr. Shinjiro Takagi, Gleiss Lutz, Munich, Dr. Burkard Göpfert

The International Insolvency Institute of Washington, D.C., is a non-profit organization comprised of leading insolvency professionals, judges, academics and insolvency regulators from over 60 countries around the world. Its goals are to enhance and promote fair and effective international insolvency systems and procedures. Contributions of insolvency-oriented materials to the Institute’s web site resources are most welcome. 

The Institute is represented in the following major cities:
Achern, Amsterdam, Antwerp, Athens, Atlanta, Auckland, Austin, Bangkok, Barcelona, Basel, Beijing, Berlin, Boston, Brighton, Brisbane, Brussels, Bucharest, Budapest, Buenos Aires, Calgary, Cambridge, Caracas, Channel Islands, Chicago, Cleveland, Cologne, Copenhagen, Dallas, Denver, Dublin, Durham, N.C., Edinburgh, Erftstadt, Fort Worth, Frankfurt, Geneva, Glasgow, Grand Cayman, Gibraltar, Hamburg, Hamilton (Bermuda), Hartford, Heilbronn, Helsinki, Hong Kong, Honolulu, Houston, Jakarta, Johannesburg, Karlsruhe, Kathmandu, Las Vegas, Leipzig, Lisbon, Ljubljana (Slovenia), London, Los Angeles, Madrid, Mainz, Medford, Mexico City, Miami, Milan, Montevideo, Montréal, Moscow, Munich, Nashville, New Delhi, New York, New-Ulm, Newark, Nijmegen, Osaka, Oslo, Ottawa, Palo Alto, Paris, Perth, Philadelphia, Phoenix, Regensburg, Rome, Rosario (Argentina), Rotterdam, Salt Lake City, San Antonio, San Diego, San Francisco, Santiago, São Paulo, Seoul, Singapore, Stockholm, Strasbourg, Sydney, Tampa, Tartul (Estonia), Tokyo, Toowoomba (Australia), Toronto, Vancouver, Vienna, Warsaw, Washington D.C., Weisbaden, Zagreb and Zurich. 


A. International Organization Projects

American Law Institute / International Insolvency Institute
Guidelines for Court‐to‐Court Communications in Cross‐Border Cases:

  1. English
  2. Arabic
  3. Chinese
  4. Croatian
  5. French
  6. Georgian
  7. German
  8. Greek
  9. Italian
  10. Japanese
  11. Korean
  12. Portuguese
  13. Russian
  14. Spanish
  15. Swedish

European Union
Regulation (EC) No. 1346/2000 on Insolvency Proceedings (2000)

International Bar Association
Cross‐Border Insolvency Concordat (1995)

UNCITRAL (United Nations Commission on International Trade Law) 

  1. Security Rights in Intellectual Property Rights: Part I (Note by the Secretariat) (New York, 19-23 May 2008) 
  2. Security Rights in Intellectual Property Rights: Part II (Note by the Secretariat) (New York, 19-23 May 2008) 
  3. Treatment of Enterprise Groups in Insolvency: Initiation of Proceedings (Note by the Secretariat) (New York, 3-7 March 2008) 
  4. Treatment of Enterprise Groups in Insolvency: Substantive Consolidation (Note by the Secretariat) (Vienna, 5-9 November 2007)

B. International Arbitration and Enforcement of Judgments


C. International Treaties Relating to Bankruptcy


D. Selected Domestic Insolvency Legislation

The International Insolvency Institute gratefully acknowledges the generous support for the very special Tenth Anniversary Conference in Rome for the following Sponsors.

Argentina 
Insolvency and Bankruptcy Law (1995, as later amended) (English) (Spanish)
Cross Border Insolvency Bill (2002)

Australia
Corporations Act (2001) – Insolvency
Bankruptcy Act 1966, as amended up to Act No. 20 of 2005 (Vol. 1)
Bankruptcy Act 1966, as amended up to Act No. 20 of 2005 (Vol. 2)

Barbados
Bankruptcy and Insolvency Act, 2001‐34

Belgium
Bankruptcy Act (as of 2003) (French)
Reorganization Act (as of 1998) (French)

Brazil
New Bankruptcy Law (2005)

Canada
Bankruptcy and Insolvency Act (as of March 5, 2007)
Part XIII: International Insolvencies
Companies’ Creditors Arrangement Act (as of March 5, 2007)

China
Enterprise Bankruptcy Law (2007)

France
Commercial Code, Book VI: The Financial Difficulty of Enterprises (as amended by law 2005‐845 of July 26,2005)

Germany
Insolvency Statute of 5 October 1994 (as of January 1, 2004)
The Insolvency Act 1994 (as amended 2003) (German)

Ghana
Bodies Corporate (Official Liquidations Act), 1963 (Act 180)

Gibraltar
Gibraltar Legislation, Supplement No. 16 (2004), Part VI, Winding Up

Hong Kong
Bankruptcy Ordinance

India
Chapter V
The Recovery of Debts Due to Banks and Financial Institutions Act (1993)
The Sick Industrial Companies (Special Provisions) Act, 1985

Indonesia
The Bankruptcy Act

Japan
Summary of Law on Recognition and Assistance of a Foreign Insolvency Proceeding (2000)

Kazakhstan
Law on Bankruptcy

Korea
Company Reorganization Act (as amended 1998)
Composition Act (as amended 1998)

Malaysia
Bankruptcy Act 1967 (as amended 1988)

Mexico
Business Reorganization Act
International Bankruptcy Provisions

Montenegro
Law on Business Organization Insolvency (as of 2002)

The Netherlands
Bankruptcy Act (as amended 2002) (English) | (as amended 2005) (Dutch)

Poland
Insolvency and Restructuring Act (2003) Part 1 | Part 2

Portugal
Insolvency Act (2004)

Romania
Law No. 64 on Insolvency Proceedings (1995)
Law No. 637 on regulating private international law relations in the field of insolvency (2002)

Singapore
Part VII – Arrangements and Reconstructions

South Africa
Cross‐Border Insolvency Act

Spain
Insolvency Act 2003 (Spanish)

United Kingdom
Insolvency Act (1986)
Insolvency Act ss. 13‐18 (2000)
Enterprise Act (2002), Part 10 – Insolvency

United States
Bankruptcy Abuse Prevention and Consumer Protection Act (2005)
Chapter 15


E. Major Cross-Border Insolvency Protocols

Cross‐Border Insolvency Protocol and Order in Re Barzel Industries Canada Inc.between Ontario Superior Court of Justice, Toronto(Mr. Justice Geoffrey B. Morawetz), Case No. 09‐CL‐8363 (September 15, 2009), including approval and adoption of the American Law Institute Guidelines for Court-to-Court Communications for Cross-Border Cases.s and United States Bankruptcy Court for the District of Delaware(Hon. Christopher S. Sontchi), Case No. 09‐13204 (CSS) (September 17, 2009), including approval and adoption of the American Law InstituteGuidelines for Court-to-Court Communications for Cross-Border Cases.

Cross‐Border Insolvency Protocol and Order in Re AbitibiBowater Inc. between theSuperior Court of the Province of Quebec (Hon. Clement Gascon), Case No. 500‐11‐036133‐094 (July 28, 2009), including approval and adoption of the American Law Institute Guidelines for Court-to-Court Communications for Cross-Border Cases.sand the United States Bankruptcy Court for the District of Delaware (Hon. Kevin J. Carey), Case No. 09‐11296 (KJC) (July 7, 2009), including approval and adoption of the American Law Institute Guidelines for Court-to-Court Communications for Cross-Border Cases.

Cross‐Border Insolvency Protocol and Order in Re Eddie Bauer Holdings, Inc., et al. between the Ontario Superior Court of Justice, Toronto (Mr. Justice Geoffrey B. Morawetz), Case No. 09‐8240‐CL (June 25, 2009), including approval and adoption of the American Law Institute Guidelines for Court-to-Court Communications for Cross-Border Cases.s and the United States Bankruptcy Court for the District of Delaware (Hon. Mary F. Walrath), Case No. 09‐12099 (June 24, 2009), including approval and adoption of the American Law Institute Guidelines for Court-to-Court Communications for Cross-Border Cases.

Cross‐Border Insolvency Protocol and Order in Re Lehman Brothers Holdings Inc., et al. issued by the United States Bankruptcy Court for the Southern District of New York (Hon. James M. Peck), Case No. 08‐13555 (June 17, 2009), including approval and adoption of the American Law Institute Guidelines for Court-to-Court Communications for Cross-Border Cases.

Cross‐Border Insolvency Protocol and Order in Re Bernard L. Madoff Investment Securities LLC issued by the United States Bankruptcy Court for the Southern District of New York (Hon. Burton R. Lifland), Adv. Pro. No. 08‐1789 (June 9, 2009), including approval and adoption of the American Law Institute Guidelines for Court-to-Court Communications for Cross-Border Cases.

Cross‐Border Insolvency Protocol and Order in Re SemCanada Crude Company et al. between the Queen's Bench of Alberta for the Judicial District of Calgary (Justice B.E.C. Romaine), Action No. 0801‐08510 (May 22, 2009), including approval and adoption of the American Law Institute Guidelines for Court-to-Court Communications for Cross-Border Cases.s and the United States Bankruptcy Court for the District of Delaware (Hon. Brendan L. Shannon), Case No. 08‐11525 (BLS), (September 24, 2009).

Cross‐Border Insolvency Protocol in Re Masonite International Inc.between Ontario Superior Court of Justice, Toronto (Mr. Justice Colin Campbell), Case No. 09‐8075‐00CL (March 16, 2009) and United States Bankruptcy Court for the District of Delaware (Hon. Peter J. Walsh), Case No. 09‐10844 (PJW), (April 14, 2009) substantially incorporating the principles of the American Law Institute Guidelines for Court-to-Court Communications for Cross-Border Cases.

Cross‐Border Insolvency Protocol in Re Smurfit‐Stone Container Canada Inc.between Ontario Superior Court of Justice, Toronto (Madam Justice Sarah E. Pepall), Case No. 09‐7966‐00CL (March 12, 2009) and United States Bankruptcy Court for the District of Delaware (Hon. Brendan L. Shannon), Case No. 09‐10235 (BLS), (March 12, 2009) substantially incorporating the principles of the American Law Institute Guidelines for Court-to-Court Communications for Cross-Border Cases.

Re Milacron Canada Ltd. (Ontario Superior Court of Justice) (Mr. Justice Colin Campbell) Case No. CV‐09‐8060‐00CL (March 10, 2009) approving the application of the American Law Institute Guidelines for Court-to-Court Communications for Cross-Border Cases.

Cross‐Border Insolvency Protocol in Re Nortel Networks Corporation betweenOntario Superior Court of Justice, Toronto (Mr. Justice Geoffrey B. Morawetz), Case No. 09‐CL‐7950 (January 14, 2009) and United States Bankruptcy Court for the District of Delaware (Hon. Kevin Gross), Case No. 09‐10138 (KG), (January 15, 2009) including approval and adoption of the American Law Institute Guidelines for Court-to-Court Communications for Cross-Border Cases.

Cross‐Border Insolvency Protocol and Order in Re Calpine Corporation between the United States Bankruptcy for the Southern District of New York (Hon. Burton R. Lifland), Case No. 05‐60200 (April 9, 2007) and Court of Queens Bench of Alberta (Madam Justice B.E.C. Romaine), Case No. 0501‐17864 (April 7, 2007) including approval and adoption of the American Law Institute Guidelines for Court-to-Court Communications for Cross-Border Cases..

Cross‐Border Insolvency Protocol in Re Quebecor World Inc. between the Superior Court for the Province of Quebec (Mr. Justice Robert Mongeon), Case No. 500‐11‐032338‐085 (January 21, 2008) and the United States Bankruptcy Court, Southern District of New York (Hon. James Peck), Case No. 08‐10152, (April 17, 2008), including approval and adoption of the American Law Institute Guidelines for Court-to-Court Communications for Cross-Border Cases.

Cross‐Border Insolvency Protocol in Re Progressive Moulded Products Ltd. between the Ontario Superior Court of Justice, Toronto (Mr. Justice Geoffrey B. Morawetz), Case No. CV‐08‐7590‐00CL, (June 24, 2008) and the United States Bankruptcy Court, including approval and adoption of the American Law Institute Guidelines for Court-to-Court Communications for Cross-Border Cases.

Cross‐Border Insolvency Protocol in Re Pope & Talbot Ltd. between the British Columbia Supreme Court, Vancouver (Chief Justice Donald I. Brenner), Case No. SO77839, (December 14, 2007) and the United States Bankruptcy Court for the District of Delaware, (Hon. Christopher Sontchi), Case No. 07‐11738 including approval and adoption of the American Law Institute Guidelines for Court-to-Court Communications for Cross-Border Cases.

Re Refco Capital Markets ( Supreme Court of Bermuda) (Mr. Justice Ian Kawaley) Case No. 2005:328 (December 12, 2006) (Approving the application of the American Law Institute Guidelines for Court-to-Court Communications for Cross-Border Cases.)

Cross‐Border Insolvency Protocol in Re Sendo International Limited between the commercial Court of Nanterre, France (Mr. Justice Jerome Mandrillon) and the Chancery Division of the High Court of Justice, London (June 1, 2006.)

Orders Adopting the American Law Institute Guidelines for Court-to-Court Communications for Cross-Border Cases.s With Certain Modifications in Re Androscoggin Energy LLC, United States Bankruptcy Court for the District of Maine (Hon. Louis H. Kornreich), Case No. 04‐12221‐LHK, (January 12, 2005), and Ontario Superior Court of Justice (Mr. Justice J.M. Farley), Court File No. 04‐CL‐5643 January 6, 2005).

Cross‐Border Insolvency Protocol in Re Systech Retail Systems Corporation between the Ontario Court of Justice, Toronto (Mr. Justice J.D. Ground), Court File No. 03‐CL‐4836, (January 20, 2003) and the United States Bankruptcy Court for the Eastern District of North Carolina, Raleigh Division (Hon. A. Thomas Small), Case No. 03‐00142‐5‐ATS, (January 30, 2003) including approval and adoption of the American Law Institute Guidelines for Court-to-Court Communications for Cross-Border Cases.

Cross‐Border Insolvency Protocol in Re Mosaic Group Inc. between the Ontario Court of Justice, Toronto (Mr. Justice J.M. Farley), Court File No. 02‐CL‐4816, (December 7, 2002) and the United States Bankruptcy Court for the Northern District of Texas (Hon. Harlin DeWayne Hale), Case No. 02‐81440, (January 8, 2003), including approval and adoption of the American Law Institute Guidelines for Court‐to‐Court Communications in Cross Border Cases.

Cross‐Border Insolvency Protocol in Re Federal‐Mogul Global Inc. et al. between the United States Bankruptcy Court for the District of Delaware (Hon. Randall Newsome), Case No. 01‐10578, (October 4, 2001) and the Chancery Division of the High Court of Justice of England, (October 1, 2001) and Final Order Approving Cross‐Border Insolvency Protocol in Re Federal‐Mogul Global Inc. et al., United States Bankruptcy Court for the District of Delaware (Hon. Randall Newsome), Case No. 01‐10578, (January 7, 2002).

Cross‐Border Insolvency Protocol in Re Financial Asset Management Foundation between Supreme Court of British Columbia (Chief Justice Donald I. Brenner) Case No. 11‐213464/VA.01 (August 1, 2001) and United States Bankruptcy Court for the Southern District of California (Hon. Louise Adler) Case No. 01‐03649‐304 (July 25, 2001).

Cross‐Border Insolvency Protocol in Re Pioneer Companies between the Quebec Superior Court, (Re PCI Chemicals Canada Inc.,) (Madam Justice Danielle Mayrand), Case No. 5000‐05‐066677‐012, (August 1, 2001) and United States Bankruptcy Court for the Southern District of Texas, (Re Pioneer Companies Inc.) Case No. 01‐38259, (August 1, 2001): providing for Court‐to‐Court communications consistent with The American Law Institute Guidelines for Court-to-Court Communications for Cross-Border Cases.

(English) (French)

Cross‐Border Insolvency Protocol in 360Networks Inc. between British Columbia Supreme Court, Vancouver (Mr. Justice D.F. Tysoe), Case No. L011792, (June 28, 2001) and United States Bankruptcy Court for the Southern District of New York (Hon. Allan L. Gropper), Case No. 01‐13721‐alg, (August 29, 2001).

Cross‐Border Insolvency Protocol in Re Laidlaw Inc. between Ontario Superior Court of Justice, Toronto (Mr. Justice J.M. Farley), Case No. 01‐CL‐4178, (August 10, 2001) and United States Bankruptcy Court for the Western District of New York (Hon. Michael J. Kaplan), Case No. 01‐14099, (August 20, 2001).

Cross‐Border Insolvency Protocol in PSINet Inc.et al. between Ontario Superior Court of Justice, Toronto (Mr. Justice J.M. Farley), Case No. 01‐CL‐4155, (July 10, 2001) and United States Bankruptcy Court for the Southern District of New York (Hon. Robert E. Gerber), Case No. 01‐13213, (July 10, 2001) including approval and adoption of the American Law Institute Guidelines for Court-to-Court Communications for Cross-Border Cases.

Cross‐Border Insolvency Protocol in Re Matlack Inc.between Ontario Superior Court of Justice, Toronto (Mr. Justice J.M. Farley), Case No. 01‐CL‐4109, (April 19, 2001) and United States Bankruptcy Court for the District of Delaware (Hon. Mary F. Walrath), Case No. 01‐01114 (MFW), (May 24, 2001) including approval and adoption of the American Law Institute Guidelines for Court-to-Court Communications for Cross-Border Cases.

Cross‐Border Insolvency Protocol in AgriBio Tech Inc. between Ontario Superior Court of Justice, Toronto (Mr. Justice J.M. Farley), Case No. 31‐OR‐371448, (June 16, 2000) and United States Bankruptcy Court for the District of Nevada (Hon. Linda B. Riegle), Case No. 500‐10534 LBR, (June 28, 2000) providing for Court‐to‐Court Communications.

Cross‐Border Insolvency Protocol in Re Manhattan Investment Fund Limited between United States Bankruptcy Court for the Southern District of New York (Hon. Burton R. Lifland), Case No. 00‐10922BRL, (April 2000) and High Court of Justice of the British Virgin Islands (Chief Justice Austin Ward), Case No. 19 of 2000, (April, 2000) and Supreme Court of Bermuda (Mr. Justice Kenneth A. Benjamin), Case No. 2000/37, (April 2000).

Cross‐Border Insolvency Protocol in Re Inverworld, Inc. between United States District Court for the Western District of Texas (Hon. Frederick Biery), Case No. SA99‐C0822FB, (October 22, 1999) and U.K. High Court of Justice, Chancery Division, (1999) and the Grand Court of the Cayman Island, (1999).

Cross‐Border Insolvency Protocol in Re Philip Services Corporation between United States Bankruptcy Court for the District of Delaware (Hon. Mary Walrath), Case No. 99‐B‐02385, (June 28, 1999) and Ontario Superior Court of Justice, Toronto (Mr. Justice Robert A. Blair), Case No. 99‐CL‐3442, (June 25, 1999).

Cross‐Border Insolvency Protocol in Re Livent Inc. between United States Bankruptcy Court for the Southern District of New York (Hon. Arthur Gonzales), Case No. 98‐B‐48312, and Ontario Superior Court of Justice, Toronto (Mr. Justice J.D. Ground), Case No. 98‐CL‐3162, (June 11, 1999).

Cross‐Border Insolvency Protocol in Re Loewen Group between United States Bankruptcy Court for the District of Delaware (Chief Judge Peter J. Walsh) Case No. 99‐1244, (June 30, 1999) and Ontario Superior Court of Justice, Toronto (Mr. Justice J.M. Farley) Case No. 99‐CL‐3384, (June 1, 1999).

Cross‐Border Liquidation Protocol in Re AIOC Corporation and AIOC Resources AG between United States and Switzerland: United States Bankruptcy Court for Southern District Court of New York (Chief Judge Tina L. Brozman), Case Nos. 96 B 41895 and 96 B 41896, (April 3, 1998).

Cross‐Border Insolvency Protocol in Re Solv‐Ex Canada Limited and Re Solv‐Ex Corporation between Alberta Court of Queen’s Bench (Mr. Justice G.R. Forsyth), Case No. 9701‐10022, (January 28, 1998) and United States Bankruptcy Court for the District of New Mexico (Hon. Mark McFeely), Case No. 11‐97‐14362‐MA, (January 28, 1998).

Cross‐Border Liquidation Protocol in Re Tee‐Comm Electronics Inc. between Ontario Court of Justice and United States Bankruptcy Court for the District of Delaware (Hon. Peter J. Walsh), Case No. 97‐1100 (PJW), (July 3, 1997).

Cross‐Border Insolvency Concordatas Adopted by the Council of the International Bar Association Section on Business Law (Paris: September 17, 1995) and by the Council of the International Bar Association (Madrid: May 31, 1996).

Cross‐Border Insolvency Protocol between the United States and Israel in Re Nakash United States Bankruptcy Court for the Southern District of New York, Case No. 94 B 44840, (May 23, 1996) and District Court of Jerusalem, Case No. 1595/87, (May 23, 1996).

Order Co‐ordinating Canadian and United States Reorganizational Plans in Re Everfresh Beverages Inc. Ontario Court of Justice; Toronto (Mr. Justice J.M. Farley), Case No. 32‐077978, (May 15, 1996).

Orders Approving Cross‐Border Insolvency Protocol between Canada and the United States in Re Everfresh Beverages Inc., Ontario Court of Justice, Toronto (Mr. Justice J.M. Farley), Case No. 32‐077978, (December 20, 1995) and United States Bankruptcy Court for the Southern District of New York. (Hon. Burton R. Lifland), Case No. 95 B 45405, (December 20, 1995).

Cross‐Border Insolvency Protocol in Re Commodore Electronics Limited and Commodore International Limited between the United States Bankruptcy Court for the Southern District of New York and the Supreme Court of the Commonwealth of the Bahamas (December 8, 1994).

Cross‐Border Insolvency Protocol in Re Olympia & York Developments Limited between Ontario Court of Justice, Toronto (Mr. Justice R.A. Blair), Case No. B125/92, (July 26, 1993) and United States Bankruptcy Court for the Southern District of New York (Hon. James L. Garrity, Jr.), Case No’s 92‐B‐42698‐42701, (July 15, 1993) (Reasons for Decision of the Ontario Court of Justice: (1993), 20 C.B.R. (3d) 165).

Cross‐Border Insolvency Protocol and Order Approving Protocol in Re Maxwell Communication plc between the United States and the United Kingdom. United States Bankruptcy Court for the Southern District of New York (Hon. Tina L. Brozman), Case No. 91 B 15741, (January 15, 1992) and the High Court of Justice, Chancery Division, Companies Court, Case No. 0014001 of 1991, (December 31, 1991).

The III expresses its appreciation to Franca Tibando for organizing and co‐ordinating the III 2008 Conference CD.

The III welcomes contributions of insolvency papers, articles and materials to its website which can be forwarded to Franca to ftibando@casselsbrock.com .

The International Insolvency Institute is a non‐profit association comprised of leading insolvency professionals, judges, academics and insolvency regulators from over 35 different countries around the world. Its goals are to enhance and promote fair and effective international insolvency systems and procedures. Contributions of insolvency‐oriented materials to the Institute’s website are most welcome and should be directed to Bruce Leonard at bleonard@casselsbrock.com (tel: 416 869 5757; fax 416 640 3027).


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