International
Insolvency Institute

Seventh Annual III Conference 2007

Fordham University School of Law
New York City
June 11 – 12, 2007

Conference Co‐Chairs
John A. Barrett, Fulbright & Jaworski LLP, Houston
E. Bruce Leonard, Cassels Brock & Blackwell LLP, Toronto

Summary of Contents

Panel Presentations               

  • “Hedge Funds – The New Masters of the Bankruptcy Universe.  Live With It”
  • Co-ordination of Complex International Restructurings
  • Pan Pacific Insolvency Developments
  • Arbitration and Insolvency: Toward a New Era in Resolving International Conflicts
  • Duties and Responsibilities of Directors and Officers in Insolvency Situations
  • Understanding Derivatives:  Dissecting Complex Financial Instruments
  • Developments and Trends in Latin America
  • The European Scene:  The Latest in European Insolvency
  • Financings under Shariah Law
  • Intellectual Property Rights in Bankruptcies Worldwide
  • Social Claims and Legacy Costs in Reorganizations

The International Insolvency Institute:

Members of the International Insolvency Institute (2007)
III Web Membership Directory
III Judicial Committee Members
III Academic Forum Members
III Conference Sponsors


Monday June 11, 2007

9:00 – 10:00 Keynote Address: Chapter 11 in Transition- From Boon to Bust and Into the Future 

Harvey R. Miller, Weil, Gotshal & Manges LLP, New York 

Harvey Miller has had an enormous presence in domestic and international restructurings and insolvencies. Mr. Miller has been in one of the Unites States’ most influential bankruptcy practitioners for many years. His career includes highly distinguished service in all aspects of the bankruptcy area including, most recently, as a high profile investment banker. Harvey recently returned “home” to Weil Gotshal & Manges in New York

10:20 – 11:20 “Hedge Funds – The New Masters of the Bankruptcy Universe. Live With It”

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

Speakers
Robert N.Dangremond, Alix Partners, London
Guy Locke, Walkers, Grand Cayman 
Isaac M. Pachulski, Stutman, Treister & Glatt, Los Angeles
Professor Steven L. Schwarcz, Duke University School of Law, Durham, N.C.

Papers

11:20 – 12:30 Co-ordination of Complex International Restructurings 

(Presented by the Committee on Court Communications)

Co-Chairs 
Nick Segal, Freshfields Bruckhaus Deringer, London 
Gabriel Moss Q.C., 3-4 South Square Chambers, London

Speakers
Hon. Charles G. Case II, United States Bankruptcy Court, Phoenix 
Chief Justice Donald I. Brenner, Supreme Court of British Columbia, Vancouver 
Madam Justice Brigitte Petiet, Nanterre Commercial Court, Paris 
Mr. Justice Sir Gavin Lightman, High Court of Chancery, London 
Hon. Robert D. Drain, United States Bankruptcy Court for the Southern District of New York, New York 
Mark Phillips, Q.C., 3-4 South Square Chambers, London

Papers

2:00 – 2:50 Pan Pacific Insolvency Developments 

(Presented by the Committee on Asian Developments)

Co-Chairs
Hideyuki Sakai, Bingham McCutchen Murase, Sakai & Mimura, Tokyo
George Kelakos, Kelakos Advisors, Greenwich

Speakers
Arnold M. Quittner, Peitzman Weg & Kempinsky LLP, Los Angeles 
Professor Jingxia (Josie) Shi, Law School, China University of International Business & Economics, Beijing 
Sandor E. Schick, Duane Morris LLP, Singapore 
Bharat Upreti, Pioneer Law Associates, Kathmandu, Nepal

Papers

2:50 – 3:40 Arbitration and Insolvency: Toward a New Era in Resolving International Conflicts 

(Presented by the Committee on International Insolvency Arbitration)

Co-Chairs
Zack A. Clement, Houston
Dr. Eberhard Braun, Achern, Germany

Speakers
Professor Christoph Paulus, Humboldt-Universität, Berlin 
Professor Jay L. Westbrook, University of Austin, Texas
Mr. Justice Ralph H. Zulman, Supreme Court of Appeal of South Africa
Hon. Allan L. Gropper, U.S. Bankruptcy Court, New York 
Howard Seife, Chadbourne & Parke LLP, New York

Papers
November 2006 Background Memorandum for the International Insolvency Institute’s Proposal to Uncitral Concerning International Insolvency/Arbitration (Zack Clement)

3:40 – 4:40 Duties and Responsibilities of Directors and Officers in Insolvencies Situations 

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

Co-Chairs
J. William Boone, Alston & Bird, Atlanta
Joel R. Ohlgren, Sheppard, Mullin, Richter & Hampton, Los Angeles

Speakers
Patrick Ang, Rajah & Tann, Singapore 
Miguel de Avillez Pereira, Abreu, Cardigos & Associados, Lisbon
Isabelle Didier, Cabinet Isabelle Didier, Paris (President, GRIP 21) 
Patricia Godfrey, Nabarro, London

Papers

4:40 – 5:00 The 2007 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.

Papers

  • Gold Medal – Mario Gamboa-Cavazos and Frank Schneider, Harvard University – Cambridge Bankruptcy as a Legal Process 
  • Silver Medal (Tie) – Maurice Horwitz, University of Californa, Los Angeles
  • The Maximization of an Enterprise’s Value – In the Public Interest: Mexico’s New “Law of Business Organization” and its Interpretation of International Law
  • Silver Medal (Tie) – Jennifer D. Morton, Fordham University, New York
  • Recognition of Cross-Border Insolvency Proceedings: An Evaluation of Solvent Schemes of Arrangements and Part VII Transfers Under Chapter 15

6:30 – 7:15 Conference Reception (All Delegates). New York Yacht Club, 37 West 44th Street, New York

7:15 – III Legendary Conference Dinner (Ticketed Event).

New York Yacht Club, 37 West 44th Street, New York (212)382-1000
Presentation of the III Outstanding Contributions Award, 2007 

Honouree
Hon. James M. Farley, Ontario Superior Court of Justice (Ret’d) 

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

Presented by
Mr. Justice Geoffrey B. Morawetz, Ontario Superior Court of Justice, Toronto

Appreciation by
Hon. Burton R. Lifland, United States Bankruptcy Court, New York


Tuesday June 12, 2007

9:00 – 10:00 Understanding Derivatives: Dissecting Complex Financial Instruments 

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

Speakers
Robert G. Pickel, Executive Director and Chief Executive Officer, International Swaps and Derivatives Association (ISDA), New York 
Professor Kenneth N. Klee, Klee,Tuchin, Bogdanoff & Stern LLP/University of California at Los Angeles, Los Angeles 
Edwin E. Smith, Bingham McCutchen, Boston 
Anthony Murphy, Managing Director, Citigroup Institutional Recovery Management, New York 
Evelyn H. Biery, Fulbright & Jaworski LLP, Houston and San Antonio

Papers

10:20 – 11:00 Developments and Trends in Latin America 

(Presented by the Committee on Latin American Developments) 

Co-Chairs
Agustin Berdeja-Prieto, Berdeja y Asociados, S.C., México City
Victor Vilaplana, Seltzer Caplan McMahon Vitek, San Diego

Speakers
Santiago Carregal, Marval O’Farrell & Mairal, Buenos Aires 
Thomas S. Heather, White & Case, Mexico City 
Lionel Zaclis, Barretto Ferreira, Kujawski, Brancher e Gonçalves, Sao Paulo 

Papers

11:00 – 12:20 The European Scene: The Latest in European Insolvency 

(Presented by the Committee on European Union Developments) 

Co-Chairs
Professor Bob Wessels, Amsterdam 
Professor Ian F. Fletcher, University College London, England 

Speakers
Mr. Justice Luciano Panzani, Corte Suprema di Cassazione, Rome 
Hon. Samuel L. Bufford, United States Bankruptcy Court, Los Angeles
Mr. Justice Yves Merlat, Evry Commercial Court, Paris 
Carlos Mack, White & Case, Munich (President, Insol Italy)

Papers

1:45 – 2:30 Financings under Shariah Law 

Chair
Robin E. Phelan, Haynes & Boone, Dallas, Texas

Speakers
Eric Meyer, Shariah Capital, New Canaan, Connecticut 
Isam Salah, King & Spalding LLP, New York
Jonathan D. Strum, Patton Boggs, Washington, D.C. 
Mahesh Uttamchandani, World Bank, Washington, D.C. 

Papers
Islamic Finance and Insolvency (Mahesh Uttamchandani) 
Primer on Shariah Finance (Jonathan D. Strum)

2:30 – 3:15 Intellectual Property Rights in Bankruptcies Worldwide 

(Presented by the Committee on Intellectual Property Rights in Bankruptcy) 

Co-Chairs
John Penn, Haynes and Boone, Fort Worth 
Steen Klein, DLA Nordic, Copenhagen

Speakers
G. Larry Engel, White & Case, San Francisco 
Thomas M. Gaa, Bialson, Bergen & Schwab, Palo Alto, California 
Jack Herrmann, Bank of America Leasing, Chicago 
Silvio Tersilla, Studio Legale Lovells, Rome

Papers

3:15 – 4:00 Social Claims and Legacy Costs in Reorganizations 

(Presented by the Committee on Social Claims in Bankruptcy) 

Co‐Chairs
Gordon W. Johnson, Kirkland & Ellis, New York
Professor Janis Sarra, University of British Columbia, Vancouver 

Speakers 
Hon. James M. Farley, McCarthy Tétrault, Toronto 
Thomas B. Felsberg, Felsberg e Associados, Sao Paulo
Guy Lofalk, Lofalk Advokatbyra, Stockholm 
Kannan Ramesh, Tan Kok Quan Partnership, Singapore

Papers
Social Claims in Sweden in Bankruptcies and Restructurings (Guy Lofalk)


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

Asian Development Bank
Insolvency Law Reforms in the Asian and Pacific Region: Law and Policy Reform at the Asian Development Bank, Volume 1 (2000)

European Bank for Reconstruction and Development
Model Law on Secured Transactions (2004) 

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

International Bar Association
Cross‐Border Insolvency Concordat (1995)

International Monetary Fund
Orderly & Effective Insolvency Procedures (1999)

UNCITRAL (United Nations Commission on International Trade Law)

1. UNCITRAL Commission (New York, June 19 – July 7, 2006) 

(a) Developments in Insolvency Law: Adoption and Interpretation of the UNCITRAL Model Law on Cross-Border Insolvency and Developments in Interpretation of “Centre of Main Interests” in the European Union (Note by the Secretariat, April 11, 2006). 

(b) Commercial fraud: ongoing and possible future work. (Note by Secretariat: May 5, 2006

(c) Settlement of commercial disputes: Possible future work in the field of settlement of commercial disputes. (Note by Secretariat: April 5, 2006) 

2. Security Interests Working Group 

(a) Draft legislative guide on secured transactions. (November 16, 2006) 

3. Insolvency Law Working Group 

(a) Treatment of corporate groups in insolvency. (Note by Secretariat: October 4, 2006) 

(b) Treatment of corporate groups in insolvency. (Note by Secretariat: March 2, 5 and 6, 2006)


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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