Richard Turton Award

The Richard Turton Award is an annual award funded by INSOL Europe, INSOL International, the Insolvency Practitioners Association and R3, the Association of Business Recovery Professionals, jointly created in recognition of Richard Turton’s unique role in the formation of all four organisations.

The Richard Turton Award provides an educational opportunity for a qualifying participant to attend the INSOL Europe Annual Congress with all expenses paid.

This award will be given to the best paper proposal and will be presented at the INSOL Europe Congress in Amsterdam, The Netherlands on 12-15 October 2023.

We invite applications from any person who:

• is a national of a developing or emerging market country;
• works in or studies in the field of insolvency and restructuring law and practice*;
• is under 35 years of age.

The successful applicant will:

Be invited to attend the INSOL Europe Congress in Amsterdam, The Netherlands on 12-15 October 2023, all expenses paid.
Write a paper of 3,000 words on a subject of insolvency and turnaround agreed with the panel. This paper will be published in summary in one or more of the four Member Associations’ journals and in full on their websites.
Be recognised at the congress and receive a framed certificate of the Richard Turton Award.

If you fulfil the criteria and meet the requirements of the successful applicant, you are invited to apply by sending the following to [email protected]:

Your CV.
A 200-word statement outlining why you should be chosen.
The title and a brief synopsis of your proposed paper.

For more information and to apply:

Contact Jelena Wenlock

Application deadline: 23 June 2023

*Students satisfying the nationality requirement, but studying in another country, are also eligible to apply.

The Richard Turton Award Panel is pleased to announce that the 2022 winner is Kayode Olude from Nigeria.

Kayode is currently studying for a Master of Laws in International Commercial Law at University of Nottingham, his thesis expounding on the prospects of ratification of UNCITRAL Model Laws on cross-border insolvency in Africa’s largest economy – Nigeria, seeking to draw lessons from the experience of other jurisdictions that have adopted the model laws.

Kayode will be writing a paper “Quest for EU harmonisation of cross-border insolvency rules between EU and Non-EU countries; challenges and prospects”.

"The Richard Turton Award was for me, in 2005, and continues to be today, a launching pad for young people in the field of insolvency. I definitely urge my colleagues, who are at the beginning of the road, to capitalise any chance offered [...] because people of indisputable value are waiting for them, with open arms, to guide their steps in the world of insolvency.”
Lavinia-Olivia Iancu, 2005 Winner

"This award meant a lot to me. I was the first person in Hungary who won this award. My name has become known in the Hungarian judicial and academic community, and my paper also brought international recognition through Eurofenix: it was cited [...] and read all over the world."
Róbert Muzsalyi, 2016 Winner

"In the context of systemic crisis caused by COVID-19, the Richard Turton Award represented a unique opportunity to raise awareness of the problems of insolvency legislation in Latin America. [...] Winning the award has allowed me to consolidate as part of the new generations of lawyers who spread this branch of law."
Carla Cervantes Villacorta, 2020 Winner

To read more on these testimonials, click here for the article in Eurofenix, INSOL Europe's Journal.