Introduction
The Global Insolvency Practice Course came about as a result of the large interest that the INSOL International membership demonstrated for an advanced educational qualification focusing on international insolvency. The qualification received bestows a Fellowship from INSOL International.
Modern business enterprises operate in multiple jurisdictions. The financial distress of a global business is no longer limited to a single jurisdiction and can no longer be addressed by a single jurisdiction’s insolvency system.
The fast-growing number of cross-border insolvency cases and the adoption in many jurisdictions of rescue regimes and cross-border insolvency procedures, present new challenges to the turnaround and insolvency profession. Practitioners and turnaround experts need to have extensive knowledge of the transnational and international aspects of the legal and financial problems facing a business in distress. The Global Insolvency Practice Course provides this knowledge.
The style of the fellowship programme is intensive, carried out over three short periods, so those taking the course are required to dedicate the time and energy needed to get the most out of the opportunity. Many sessions are interactive and each requires the full attention of the participants.
Duration
The GIPC is presented over a period of approximately nine (9) months, with the commencement date being dependent on the venue for INSOL International’s annual conference.
The course consists of three modules, Module A, Module B and Module C. Module A is presented separately, usually prior to the festive season in December. Module B is presented immediately before the INSOL International annual conference. Module C is an online simulation of an international cross-border case and is presented online over a period of nine (9) days. Module C usually takes place soon after Module B has concluded.
Course Brochure
The Course Brochure for this course can be found here.
Bursary Applications
The dates during which applications for bursaries can be made are between 1 July 2026 and 7 July 2026. Applications received before or after these dates will not be considered. Please note that the bursary on the GIPC is limited to a judge or a regulator, and preference will be given to applicants from emerging market countries. The Core Committee of the GIPC will decide who the bursary will be awarded to.
Entry criteria
A candidate:
- must hold a degree or a certificate of qualification from an accredited college or faculty of law, university or professional education institute;
- possess a minimum of five (5) years’ relevant experience in the field of their work, three (3) of which have to be in restructuring and insolvency, including two (2) years of cross-border experience. Such experience must be demonstrated in the applicant’s curriculum vitae. (Please note that applicants who have obtained the Foundation Certificate in International Insolvency Law will be exempt from the requirement of also having to have two years’ cross-border experience).
Application form for bursary
The application form for a bursary on the Global Insolvency Practice Course can be found here.