About the Global Insolvency Practice Course
The Global Insolvency Practice Course is a result of the large interest that the INSOL membership demonstrated for an advanced educational qualification focusing on international insolvency. The qualification received will bestow 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 must 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.
Testimonials
ROB VAN DEN SIGTENHORST, TOON, INSOL FELLOW, CLASS OF 2018 / 2019:
I participated in the GIPC in 2018-2019. In my view, it’s an outstanding programme. While I already had significant experience in cross-border, complex restructurings before the course, I still learned a lot and got a different, deeper perspective on the things I already knew. Maybe even more important though are the amazing classmates – excellent restructuring professionals from all over the world – who you get to know and build such strong, lasting ties with.
LAURA HALL, ALLEN & OVERY, INSOL FELLOW, CLASS OF 2017 / 2018:
INSOL’s GIPC broadened my knowledge of global insolvency regimes and experience negotiating with professionals of diverse backgrounds. The opportunity for professional and personal connections is the most rewarding aspect of the program.
NICOLETA MIRELA NASTASIE, BUCHAREST TRIBUNAL, INSOL FELLOW, CLASS OF 2017 /2018:
I was given the opportunity to be part of the INSOL International Global Insolvency Practice Course 2017-2018, through Ronald W. Harmer Bursary.
The Course is amazing because of the intensity of learning activities, complexity of issues analyzed and information provided, the extraordinary performances of trainers and speakers, but there a professional can find something more important: an environment encouraging people to become friends beyond possible boundaries between professions, different backgrounds and traditions.
Communications through informal mechanisms provided by the Global Insolvency Practice Course, in the attempt to develop a community of professionals connected around the world into the idea of being "INSOL Fellow", along with the principles and the proposals promoted by INSOL International through Strategic review of INSOL International - Taskforce 2021, they are ones of the most important programs and projects in the field of international insolvency.
As a judge dealing with insolvency cases and passionate about the domain, this experience gives me the courage to increase my effort not just for developing my own skills and enlarging my personal knowledge but also for trying to bring professionals from Romania and (why not) from South-East Europe closer to international insolvency community.
ORLA McCOY, CLAYTON UTZ, INSOL FELLOW, CLASS OF 2016 / 2017:
I wholeheartedly recommend the INSOL International Global Insolvency Practice Course to anyone who is interested in genuinely deepening their knowledge and experience of cross-border insolvency and, in particular, to understand better the opportunities, challenges and solutions offered by different regimes in other jurisdictions. The course provides an unparalleled opportunity (and privilege) to work with and learn from exceptional practitioners from multiple jurisdictions and, in doing so, to develop fantastic relationships both within your cohort and amongst the Fellows network more broadly. The content and structure of the course also forces you to develop a much more profound understanding of the insolvency regimes of other (key) jurisdictions than you would have the opportunity to develop on any conventional cross-border insolvency matter. My cohort were phenomenal and I thoroughly enjoyed the course.
