List of Member Associations by country
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President: Mr. Daniel Joszpa
Asociación Argentina de Estudios sobre la Insolvencia
Riobamba 1234, 9° D (1116)
|Tel: +54 (11) 4813 7393||Fax: +54 (11) 4813 7393|
The Association works in the development of solutions for the prevention of patrimonial problems. We have one fundamental goal: to contribute to the recovery of the economic players, creating different remedies for complex scenarios, such as the ones experienced in Argentina in 2001.
With the development of such tools, we intend to contribute to the protection of the different areas of the economic system, including the maintenance of stockholding performance, work sources and credit protection. The Association also guides these objectives to the international economy, relating the domestic crises with the external indebtedness of the countries and their harmonization with the development and stability of the national economies.
The Association promotes the development of its associates in all areas of professional performance, supporting research and investigations, especially on judicial and economic issues and financial and tributary issues that appear in the ‘Statement of Imbalance Patrimonial Situations’.
The Association is currently working in different matters related to the creation and destruction of corporate value in the understanding that these issues are the leading cause of insolvency.
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ABI - American Bankruptcy Institute
66 Canal Center Plaza
Tel: +1 (703) 739 0800
Fax: +1 (703) 739 1060
ABI’s eLearning Center (cle.abi.org) offers an ‘on-demand’ library of recorded conference sessions, making it a cost-effective way to gain critical understanding without leaving the office.
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ARIES - The Association of Restructuring and Insolvency Experts
|For further information please visit www.aries-ci.org or email email@example.com|
The Association of Restructuring and Insolvency Experts (‘ARIES’) was established in the Channel Islands in 2013 as a professional body for those practising, or interested in, restructuring and insolvency.
ARIES offers membership to solicitors and advocates, accountants and financial advisors, business turnaround consultants, lenders, investment bankers, trustees and others with an interest in the fields of restructuring and insolvency.
ARIES provides a forum for professionals to discuss current technical, legal and regulatory issues facing the industry together with opportunities for networking with business recovery and insolvency specialists.
ARIES objectives are to serve its members by:
• providing an interactive and professional forum for insolvency-minded professionals;
• encouraging collective leadership to Channel Islands restructuring and insolvency experts and to be the industry’s pre-eminent voice;
• promoting the Channel Islands on the world stage through affiliation with INSOL International, and;
• assisting with development of sound practices, facilitating the exchange of knowledge among members and to liaise with those within the wider financial industry, institutional investors, media, regulators, governments and other policy makers in the Channel Islands.
AIRES offers individual memberships on an annual basis.
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ARITA - Australian Restructuring Insolvency & Turnaround Association
Level 5, 33 Erskine Street,
|Tel: +61 2 8004 4344|
|Web: www.arita.com.au||Email: firstname.lastname@example.org|
Structure and management
Education, conferences and publications
ARITA also runs technical discussion groups and seminars, and conducts divisional and national conferences each year. The Australian Insolvency Journal, published quarterly, is our flagship publication, with a subscription base beyond our membership.
ARITA is one of the largest INSOL member associations and has two of our members as directors on the INSOL Board. ARITA’s former President, Mark Robinson, became President of INSOL International in 2015, while current ARITA Vice President, Scott Atkins, joined the INSOL Board in 2014 and is Chair of INSOL Fellows Committee.
AUAIRE - Asociación Uruguaya de Asesores en Insolvencia y Restructuraciones Empresariales
President: Dr. Hector Ferreira
25 de Mayo 455, 2nd Floor,
|Tel: +598 2 916 0988||Fax: +598 2 916 1003|
AUAIRE is a new Uruguayan not-for-profit organization, whose members are young and energetic professionals. It was founded on 11 May 2011 and, after being authorized by the Uruguayan authorities, was admitted as a member to INSOL International on 3 May 2012. It is an organization founded on two critical factors: (i) the organization was conceived as having an international profile and (ii) that it is not only for attorneys at law. The members of the association are not only attorneys but also include certified public accountants, managers and economists. This is targeting a multidisciplinary approach to insolvency, corporate restructuring and bankruptcy. In addition, AUAIRE is an association conceived as an organization of practitioners in the field of international insolvency, corporate restructuring and bankruptcy.
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BLRRC-CUPL - Bankruptcy Law and Restructuring Research Center, China University of Politics and Law
Executive Director: Li Shuguang
Secretary: Zhang Qinyu
25 West Tucheng Road
|Tel: (+86 10) 5890 8278
(+86 10) 5890 8056
|Fax: (+86 10) 5890 8060|
|Web: www.chinainsol.org||E: email@example.com
The Center aims at promoting the establishment of a comprehensive insolvency system in China and at creating a favorable environment for the practice of insolvency law, and is dedicated to providing professional advice to government authorities, companies and the financial sectors and to providing professional training. The Center is also dedicated to international professional exchange and cooperation.
BRIPAN - Business Recovery and Insolvency Practitioners Association of Nigeria
President: Dele Odunowo
21 Araromi Street (Speedway House)
Off Moloney Street
|Tel: +234 (1) 7095 231879||Fax: +234 (1) 264 7036|
|Web: www.bripan.org||E: firstname.lastname@example.org|
The membership consists of insolvency practitioners who are lawyers, accountants, bankers and other professionals. As of July 2015, the total membership was 293.
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BRIPASL - Business Recovery and Insolvency Practitioners of Sri Lanka
President: J.M. Swaminathan
M&N Building (Level 5)
|Tel: +94 11 237 1100||Fax: +94 11 237 1111|
What has BRIPASL done so far?
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CAIRP - Canadian Association of Insolvency and Restructuring Professionals /
President: Mark Yakabuski, BA (Hons)
Canadian Association of Insolvency and Restructuring Professionals
|Tel: +1 (416) 204 3242||Fax: +1 (416) 204 3410|
|Web: www.cairp.ca||E: email@example.com|
CAIRP’s Value Statement is thus: CAIRP and its members are committed to professionalism, trustworthiness and objectivity.
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865 avenue Carling Avenue
Tel / Tél: +1 (613) 237 2925
Toll free / Sans frais: (800) 267 8860
Fax: +1 (613) 237 0185
|Web: www.cba.org||E: firstname.lastname@example.org|
The CBA has championed Canadian lawyers and Canadian law since 1896. We promote the interests of over 36,500 members from all practice settings and levels of expertise through our National Office in Ottawa, 13 provincial and territorial branches and an in-house counsel division called the Canadian Corporate Counsel Association (CCCA).
The CBA is the only national association that protects the core values of the legal profession from regulatory and legislative encroachment. We are dedicated to supporting the Rule of Law and improving the administration of justice in Canada and around the world. We actively engage with the Canadian legal community in matters of common interest and mutual benefit and partner with leading thinkers and innovators within the legal profession, enabling us to disseminate relevant knowledge about global and national trends affecting the work of lawyers.
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REFOR-CGE, Register of Insolvency Practitioners within "Consejo General de Economistas, CGE"
President: Mr Alfred Albiol
|Tel: +34 (91) 432 2670||Fax: +34 (90) 102 0359|
|Web: www.refor.org / www.economistas.org||E: email@example.com|
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Executive Vice President: Jeffrey Henderson
1000 North Rand Road
|Tel: +1 (312) 240 1400||Fax: +1 (847) 526 3993|
|Web: www.clla.org||E: firstname.lastname@example.org|
The Bankruptcy Section was founded to promote high standards in the practice of bankruptcy and insolvency law. Its members are among the highest regarded bankruptcy attorneys in the United States. They have been involved in virtually every type of bankruptcy and reorganisational matter. Their expertise extends to the avoidance of bankruptcy as well
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ECOM - Especialistas de Concursos Mercantiles de Mexico
San Pablo 114
|Tel: 044 55 41 41 40 28
+52 55 56 68 41 38
|Fax: +52 55 56 81 03 41|
ECOM is a nationwide association of insolvency professionals, ‘Especialistas de Concursos Mercantiles’ who have been selected and appointed by the Federal Judicial Authority the IFECOM (Instituto de Especialistas de Concursos Mercantiles) in order to manage the complete procedure of either the rescue or the liquidation of companies that have been declared by
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FILA - The Finnish Insolvency Law Association
Chief Executive: Olli Rantanen
|Tel: +358 400 657 582||Fax: +52 55 56 81 03 41|
|Web: www.insolvenssi.fi||E: email@example.com
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2nd Floor, Ghana
|Tel: + 233 21 678009||Fax: + 233 21 678008|
President: Mr. Ferenc Somogyi
Hungarian Association of Insolvency Practitioners (HAIP)
|Tel: +36 (1) 225 8640||Fax: +36 (1) 240 5732|
|Web: www.foe.hu||E: firstname.lastname@example.org / email@example.com|
The main objectives of the Association, set out in the statues and gaining wider public awareness, are as follows:
HAIP is a self governing professional advocacy body, comprising experts and insolvency receivers and was registered by the Budapest Metropolitan Court as a social organisation under code no. 7392, in accordance with Act II of 1989. The HAIP was established concurrently with the 1992 Bankruptcy Act.
• Development of the professional culture and ethical standards of insolvency law and the practice of receivership.
• Representation of the interest of companies registered in the Register of Insolvency Practitioners, performing insolvency crisis management.
• Promotion of the professional co-operation and development of members of the Association and other interested companies.
• Promotion of the practical implementation of the legal and ethical activities of insolvency practitioners.
• Promotion of insolvency practitioner training at university level spanning the profession, regular further training and exchange of experience, introduction and dissemination of quality control systems.
• Elaboration, publication and distribution of recommendations, guides, joint professional opinions and methodological publications.
• Development and strengthening of partnership and cooperation with related organizations, institutions and other interested parties.
Main tasks of the Association
• Initiatives and opinions on the drafting and amendment of legislation affecting the insolvency and creditor protection profession.
• Elaboration of professional requirements and ethical standards and directives for affected professional branches and activities, monitoring of compliance with requirements and standards, investigation of incoming reports.
• Organisation of national and international professional meetings and consultations.
The Association has 145 members (insolvency practitioners companies) and
7 supporting members (from connecting fields of the economical market).
HKICPA - Hong Kong Institute of Certified Public Accountants
Hong Kong Institute of Certified Public Accountants
|Tel: +85 (2) 2287 7228||Fax: +85 (2) 2865 6603|
|Web: www.hkicpa.org.hk||E: firstname.lastname@example.org|
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IAIR - International Association of Insurance Receivers
President: Bart A. Boles
Nancy L Margolis, Esq,
|Tel: +1 (610) 992 0015||
|Fax: +1 (610) 992 0021|
|Web: www.iair.org||E: email@example.com|
IAIR was founded in 1991 to provide persons involved with insurance receiverships and financially stressed or troubled insurers a forum to exchange information, develop best practices, establish and maintain accreditation standards, and educate its members and others concerning the administration and restructuring of such insurers. We currently have more than 300 members from ten countries.
IAIR’s mission is to: (a) assemble individuals interested in the affairs of insurers that are financially stressed or troubled or are in need of restructuring or in receiverships; (b) establish ethical and professional standards in the conduct of the affairs of such insurers; (c) provide to its members professional education relevant to such pursuits; and (d) recognize, through accreditation, the attainment by its members of expertise and proficiency in such pursuits.
IAIR became a member of INSOL International in 1993. It provides a focus for INSOL members who are interested or involved in the field of insurance insolvency and in the affairs of financially troubled insurers or insurers in receivership.
IAIR offers its members the opportunity to qualify for either of two designations based on their qualifications and experience. These designations are Certified Insurance Receiver (CIR) and Accredited Insurance Receiver (AIR).
Benefits of membership include free registration at Continuing Education accredited Professional Development programmes (State Training, Issues Forums, Think Tanks), member discounts for attendance at other IAIR programs including IAIR’s annual Insolvency Workshop and Technical Development Series, and receipt of IAIR’s industry newsletter – The Insurance Receiver – published three times a year. Further information concerning IAIR can be found on its website at: www.iair.org.
IBGT - Instituto Brasileiro de Gestao e Turnaround
Rua Professor Luciano
|Tel: +55 (11) 3818 9079||Fax: +55 (11) 3818 9079|
|Web: http://ibgt.com.br/||E: firstname.lastname@example.org|
The Instituto Brasileiro de Gestao e Turnaround / Brazilian Management and Turnaround Institute (IBGT) was established as an initiative to develop the culture for the prevention and solution of corporate distress in Brazil.
Present in Brazil’s major centres, also in USA through its New York chapter, it is the premier multidisciplinary, not for profit, organisation in Brazil, created with the mission of contributing to the research, development, education and dissemination of the different crisis prevention techniques and alternatives for the recovery and restructuring of underperforming businesses, together with the means of preserving the interests of creditors and investors, including in and out-of-court reorganisations. It also aims at collaborating with the Brazilian Congress with recommendations for improvements in its insolvency legislation. In addition, IBGT works at promoting ethical consideration in the practice of business recovery and insolvency, anchored on solid integrity principles:
‘The purest treasure mortal times afford, is spotless reputation.’
It is a forum that provides a rich cooperation environment among turnaround, corporate renewal and insolvency practitioners – specialists, attorneys, lenders, distressed and PE investors, auditors, accountants, appraisers, liquidators, executive search, consultants, trustees, judges, legislators and representatives of government and academic institutions and national and international organisations.
IBGT was conceived from the identification that the segment specialized in business recovery in Brazil was still at an early development stage and from the lack of an organisation that brought together practitioners, academics and government authorities to cultivate and promote the development of the modern turnaround practices of companies facing financial, operating and management difficulties.
Globalization and the different international crises, which started to occur with greater frequency and intensity in the new millennium, resulted on a significant increase in the number of distressed companies. A few areas that require greater attention were identified. Among them:
1. Development of technical and academic knowledge in the area of turnaround, workouts, reorganisations and insolvencies;
2. Preventive advisory services to companies, banks, investors and other stakeholders;
3. Turnaround and Legal advisory services to companies;
4. Turnaround services to banks, private equity firms and financial institutions with exposure in Brazil;
5. Advisory services in the structuring of new credit and equity for distressed companies.
With the objective of addressing these issues, Mr. Jorge Queiroz, one of Brazil’s turnaround pioneers, and a group of renowned professionals decided to create IBGT.
Membership is open to individuals and firms involved or interested in the area of business recovery and reorganisation. For additional details please visit our website or contact us by email.
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Rua Itacaranha 52
|Tel: 01 (55) 55 84 53 95||Fax: 01 (55) 55 84 53 95|
IIBR has existed for a short time and its history is brief. Yet, since it is a reality today, and more and more well known and acknowledged, it is worth devoting a few words to its first moments.
Instituto Iberoamericano de Derecho Concursal
|Tel: +52 (55) 54260909||Fax: +52 (55) 55114080|
|Web: www.iidciberoamericano.com||E: email@example.com|
The Instituto Iberoamericano de Derecho Concursal (Iberoamerican Institute of Insolvency Law – IIDC) is a non-profit organisation that assembles more than 200 insolvency and restructuring professionals from mainly Latin American countries such as Argentina, Brazil, Chile, Colombia, Mexico, Peru, Uruguay, Venezuela, but also from European countries such as Spain and Italy.
Our members come from different professions and/or fields of practice, such as Lawyers, Public Accountants, Turnaround Professionals, Law Professors and Judges. Each country is represented by a Chapter of the IIDC that holds national Meetings every year and, as a whole, the IIDC holds a Main Annual Meeting (each year in a different country) that gathers all of its members over three days.
The IIDC is truly committed to fostering the rule of law and to the development of the insolvency system in each represented country.
|Tel: +44 (0) 115 878 0584||Fax: +44 (0) 115 878 0584|
|Web: www.insol-europe.org||E: firstname.lastname@example.org|
INSOL Europe was formed in 1981 to involve insolvency practitioners and advisers throughout Europe. The Association is governed by its Executive and Council.
The Executive Committee for the year 2015/16 consists of:
Alberto Nuñez-Lagos, Spain (President)
Steffen Koch, Germany (Deputy President)
Radu Lotrean, Romania (Vice President)
Robert van Galen, The Netherlands (Immediate Past President)
Jim Luby, Ireland (Treasurer)
Caroline Taylor, United Kingdom (Director of Administration)
INSOL Europe’s committees generate much of its work. The main event is an Annual Congress, hosted by a different country each year. A new committee designs the technical programme of each Congress. There is also a separate Technical Committee that carries out cross-border related studies referred by INSOL Europe’s Council, countries and other insolvency associations, INSOL International or its Member Associations. INSOL Europe’s committees include:
• The Editorial Committee, chaired by Annerose Tashiro (Germany) and Guy Lofalk (Sweden), produces the quarterly journal, eurofenix. Other committees include:
• Eastern European Countries Committee, co-chaired by Evert Verwey (The Netherlands) and Radu Lotrean (Romania)
• Liaison with INSOL International, chaired by Catherine Ottaway (France)
• Sponsorship, chaired by David Rubin (UK)
• EIR Case Register, chaired by Chris Laughton (UK)
• Academic Forum, chaired by Christoph Paulus (Germany)
• Turnaround Wing, chaired by Steffen Koch (Germany)
• Lenders Group, chaired by Florian Joseph (Germany)
• EU Research, chaired by Michael Thierhoff (Germany)
• Judicial Wing, chaired by Prof. Heinz Vallender (Germany)
• Glossaries Committee, chaired by Marc Udink (the Netherlands)
• Anti-Fraud Forum chaired by David Ingram (UK)
• Young Members Group, chaired by Slavomir Cauder (Czech Republic) and Sabina Schellenberg (Switzerland)
• Insolvency Office Holders Forum, chaired by Stephen Harris (UK), Daniel Fritz (Germany) and Marc André (France)
Joint workshops and seminars with other national organisations will continue to be introduced.
INSOL Europe has established a representational office in Brussels, involving the organisation in the green- and white-paper debates initiated by the EU. INSOL Europe was able to adopt guidelines for the whole of Europe on cross-border cooperation and communication between practitioners working on the same case, enabling the Judiciary to communicate with each other.
The INSOL Europe drafting committee prepared a proposal for the revision of the European Insolvency Regulation in 2012, resulting in a report that was submitted to the Commission. In September 2013, the EU Commission chose INSOL Europe to work on a pre-insolvency investigation involving 28 countries.
Finally, there is a committee to review the Constitution of the Association, chaired by Catherine Ottaway (France). Caroline Taylor is the Director of Administration and is happy to assist members and potential members with enquiries.
Membership is open to insolvency practitioners and their advisers (usually qualified lawyers, accountants or other insolvency practitioners), regulators, lenders, credit insurers, judges, academics and students. Many members also belong to kindred associations and are members of INSOL International. As of August 2015, the total membership was 1243.
15 Birbal Road
|Tel: +91 (11) 5182 3285-89||Fax: +91 11 42410091|
|Web: www.insolindia.com||E: email@example.com|
INSOL India is an association of the members of the legal fraternity, chartered accountants and other persons, bodies and institutions desirous of the development, diffusion and advancement of law relating to insolvency and other fiscal laws. INSOL India provides a forum for national participation, debate and awareness in the field of law and policy.
The association conducts research, holds seminars, conferences, workshops and discussions for development and growth of the law relating to insolvency and related laws in India. It also undertakes comparative studies of legal developments in other countries in co-operation with persons, bodies and institutions in different parts of the world.
Membership of INSOL India is open to judges, advocates, chartered accountants, company secretaries, law firms, accountancy firms, financial institutions and banks.
The association was formed on 27 September 1997 and now has 52 Members and 58 Associate Members. The members of the new Executive Council of INSOL India are as follows:
President: Justice Sanjay Kishan Kaul
Senior Vice President: Senior Advocate A.S Chandiok
Vice Presidents: Justice Rajiv Shakdher, Mr. Sushil Salwan
Secretary General: Senior Advocate R.S. Suri
Secretary: Ms. Maneesha Dhir
Treasurer: Mr. Ajay Verma
Assistant Secretary: Mr. Sanjay Bhatt
For further details on INSOL India visit www.insolindia.com.
Robert van Galen, President
|Tel: +31 (0)30 2595566||Fax: +31 (0)30 2595507|
|Web: www.insolad.nl||E: firstname.lastname@example.org|
The organisation is officially called ‘Vereniging Insolventierecht Advocaten INSOLAD’. INSOLAD is a professional organisation of Dutch insolvency practitioners founded in 1991 in accordance with the rules of the Dutch Bar. Its members consist of lawyers active in both the national and international insolvency area. The work undertaken by members includes acting as Court appointed liquidator or trustee in bankruptcies and moratoriums, as well as the rehabilitation or reconstruction of troubled businesses.
Members of INSOLAD are individuals, and no partnership or body corporate is admitted to membership. INSOLAD now consists of approximately 717 members and associate members. Members have to be registered for at least seven years as a lawyer and must spend on average at least one-third of their working time on insolvency law. They must also have successfully completed a training course, including the related exam. Once a member, the conditions of admission have to be continued while permanent courses must be completed, and a minimum number of workshops, conferences and similar gatherings organised by INSOLAD must be attended.
The organisation’s mission is to take the leading role in Dutch insolvency issues, to facilitate the exchange of information and ideas among its members and to involve official Dutch bodies who are affected by the insolvency process in these discussions.
Through the European Insolvency Practitioners Association, INSOL Europe, INSOLAD will encourage greater international co-operation and communication within Europe and also with the rest of the world, particularly through its partnership in INSOL International.
The goals of INSOLAD are:
• to take the leading roles in study and evaluation of insolvency issues of common interest within The Netherlands;
• to facilitate and co-ordinate the dissemination of both technical and topical insolvency information, including the publication of a newsletter;
• to discuss and negotiate with relevant officials of Dutch bodies with regard to any matter which may concern its members;
• to expand membership and to ensure that the organisation is adequately financed to achieve its missions and goals;
• to organise quarterly congresses and workshops for its members and invitees, including judges and lenders;
• to co-operate with INSOL Europe and INSOL International and its members in connection with any insolvency study or project and to increase cross-frontier co-operation between practitioners and judges.
INSOLAD has a Code of Best Practices (Insolad Praktijkregels) adapted by its members.
|Tel: +60 3 6204 0928||Fax: +60 3 6204 0428|
|Web: email@example.com||E: www.ipam.org.my|
The Insolvency Practitioners Association of Malaysia, which was incorporated as a Society on 8 February 2010, provides a corporate identity and an organisation for persons with an interest in insolvency laws and practices, and supports and advances the status and interests of the profession. One of its main objectives is to impact legislative reform: this is done by evaluating and focusing attention on the development of the Malaysian law, practices, education and examination in the areas of insolvency, receivership and liquidation, business restructuring and turnaround management.
The membership consists of insolvency practitioners who are usually qualified as lawyers, accountants, bankers and other professionals who have extensive practical experience in insolvency and restructuring work.
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Insolvency Practitioners Association of Singapore Limited (IPAS)
|Tel: (65) 6749 8060||Fax: (65) 6749 8061|
|Web: www.ipas.org.sg||E: firstname.lastname@example.org|
The Insolvency Practitioners Association of Singapore Limited (IPAS) was incorporated on 12 April 2005 with the support of the Institute of Singapore Chartered Accountants (ISCA), the Law Society of Singapore (Lawsoc) and the Official Receiver and Official Assignee of Singapore. The members of IPAS are ISCA and Lawsoc.
IPAS aims to be the premier professional body for the insolvency profession in Singapore with emphasis on training, continuing professional development and ethics. The objectives of the Association include:
• Provision of a corporate identity and organisation for insolvency practitioners;
• Associate, Fellow and Student registration;
• Support and advancement of the status and interest of insolvency practitioners;
• Provision of recognised qualifications for persons engaged in the practice of insolvency;
• Promotion of the technical competence of insolvency practitioners;
• Provision of updates on developments in insolvency legislation and proposals and latest insolvency judgments by Singapore Courts and other jurisdictions.
Associateship and Fellowship
The Associates and Fellows of IPAS are mainly insolvency practitioners, accountants, lawyers and other individuals who are interested in the insolvency profession and related activities. The accountants and lawyers who are existing members of ISCA and the Lawsoc may apply for IPAS associateship/fellowship. Other individuals may apply if they meet the eligibility requirements for admission.
IPAS provides a range of services to the Associates or Fellows of IPAS. These include the opportunity to participate in technical continuing professional development and other activities; access to journals, technical articles and insolvency practice updates from IPAS; and involvement in dialogue sessions with the Official Receiver and Official Assignee and other relevant agencies on issues affecting practitioners.
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|Tel: +1 434 939 6002||Fax: +1 434 939 6030|
|Web: www.iwirc.com||E: email@example.com|
We are IWIRC, a professional organisation committed to the connection, promotion and growth of women in insolvency and restructuring professions worldwide. For over 20 years IWIRC has been connecting women worldwide. Through a global membership of more than 1,300 attorneys, bankers, corporate-turnaround professionals, financial advisers and other restructuring practitioners, members develop a powerful network of contacts, resources, mentors and friends. Whether it is across the café table or the continents, our diverse relationships make IWIRC the premier organisation for women in the restructuring and insolvency professions.
The robust international organisation supports relationship building and provides resources at the global and local network levels. Practitioners new to the business, or a region, can plug into professional communities quickly with IWIRC. Through events and interactive tools, we also offer seminars, intellectual capital, career resources, leadership opportunities and guidance for personal and professional development.
IWIRC fosters growth and celebrates success. We proactively promote member expertise and achievement through the IWIRC Speakers’ Bureau, our online media database, the I am IWIRC programme, and the Woman of the Year, Rising Star, and Founders’ Awards recognition programmes.
As an international organisation, IWIRC offers its members the opportunity for leadership involvement at both the global and local level. The international board creates programmes to foster national and cross-border relationships and education. Global conferences are scheduled in conjunction with other major restructuring conferences, leveraging business development opportunities and travel budgets.
Come join us today, and see what it’s like to really connect at www.iwirc.com.
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Japanese Federation of Insolvency Professionals
|Tel: +81 3 6214 5885||Fax: +81 3 6214 5886|
The Japanese Federation of Insolvency Professionals (JFIP) was founded in January 2004 to promote the mutual exchange of opinions and information, both domestically and internationally, by professional practitioners and researchers in the fields of insolvency, turnaround management and business recovery.
JFIP conducts the following activities:
1. It holds research circles, lectures, seminars, symposiums and other meetings.
2. It disseminates research results by editing and publishing books and through other means.
3. It communicates and co-operates with domestic and foreign academic societies, research institutes and international organisations. Membership of JFIP currently stands at approximately 80. JFIP became a member of INSOL International in February 2004.
Officers are as follows:
Honorary President: Dr Shinjiro Takagi (Advisor, Nomura Securities)
President: Mr Masahiko Chino (KPMG)
Secretary: Mr Masahiro Yoshioka (KPMG)
Deputy Secretary: Shinichiro Abe, Esq. (Baker & McKenzie),
Kazuhiro Yanagida, Esq. (Yanagida & Partners),
Mr Hironori Ishizaka (Nuclear Damage Liability Facilitation Fund)
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Dr Chan Bok Park
|Tel: +82-2-548-1002||Fax: +82-2-548-8002|
KORIPA is the association of members of lawyers, certified public accountants, tax accountants, bankers and other restructuring and turnaround professionals involved in restructuring, insolvency and turnaround. It was established in July, 2015 from KICRA (Korea Internal Control and Regulatory Authority),which was authorized by the Ministry of Justice of the Republic of Korea in 2011 for the purpose of consulting and educating on the matters related to legal norms and compliance guidelines for corporations, improving the internal control system and educating the general subjects on rehabilitating debtors and insolvency.
KORIPA supports members in research and investigation activities on issues regarding debtor rehabilitation and insolvency for developing their professional expertise, propels the improvement and establishment of a comprehensive insolvency practitioner system and promotes healthy development of its associates in the market. It also stresses on ethics and social contribution as the most important value among other activities. KORIPA follows and respects any global standard of insolvency practice.
The strategic decision group and governance in KORIPA is the Board of Directors, composed of a chairperson, a few vice-chairpersons and about 10 directors who are professionals in legal, accounting and industrial matters on insolvency and restructuring. The roles and functions of the Association are run by committees and numerous working groups. KORIPA aims to develop and connect mutual business with domestic and international associations and other activities to run profitable business.
Education and training
To elaborate and maintain high level of ethical standard and professional requirements and wisdom to member IP, KORIPA operates code of ethics and regular self education session, conferences and seminars which can be practiced lively in the field.
There are two kinds of members in this Association, Member and Special Member.
Member should meet one of below conditions and complete the registration.
• to finish insolvency practitioner’s training curriculum and pass the insolvency practitioner’s license examination
• to take a doctorate in University or to be in the doctoral course teaching in University or to study in relative organization or research institutes interested in debtor rehabilitation
• to have experience more than five years in companies with over a certain size or public organization practicing debtor rehabilitation and related activities with master’s degree from university
• to have experience more than fifteen years in companies with over a certain size or public organization practicing debtor rehabilitation and related activities
• to be licensed lawyer, accountant, etc. interested in debtor rehabilitation
Special Member is a person or an association who is related with this Association after acceptance by the Board of Directors.
Any member can hold membership as long as one observes rule of ethics and obligations of KORIPA .
|Tel: +61 (7) 5450 1127||Fax: +61 (2) 6248 0639|
|Web: www.lawcouncil.asn.au/bls||E: firstname.lastname@example.org|
Business Law Section
The Law Council of Australia, the National Council of Lawyers, was established in 1933 at a conference of legal societies in Sydney.
The Law Council is the federal organisation of the legal profession, made up of Bar Associations and Law Societies. It speaks for the profession on the legal aspects of national issues, on federal law and on the operation of federal courts and tribunals.
The Law Council, representing Australia’s 50,000 lawyers, works for the improvement of the law and of the administration of justice, and for better legal services. It acts in the interest of lawyers and in the interest of the whole community.
The Business Law Section was established within the Law Council of Australia in 1980. It provides a forum through which lawyers and others interested in the laws, practices and procedures affecting business, finance and commercial activities throughout Australia can enhance their professional skills. It also enables them to develop contacts and work with governments and other international institutions for the reform of laws affecting the interests of Australia business.
Membership of the Business Law Section currently stands at approximately 1,200.
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The Malaysian Institute of Certified Public Accountants (MICPA) was incorporated in 1958. Its main objectives are to advance the theory and practice of accountancy, provide education and training leading to the Certified Public Accountant (CPA) qualification and promote the status and interest of the accountancy profession and its members.
MICPA is a professional body with technical excellence; its Institute provides a wide range of services:
• Development and issuance of standards and guidelines on auditing and financial reporting
• Providing technical updates on all areas of CPAs’ work, covering auditing, taxation, financial management and insolvency practice
• Conducting continuing professional development programmes
• Setting and monitoring members’ compliance with ethical standards governing members’ professional conduct, thereby safeguarding the public interest.
Education and training
The CPA qualification is recognised under the Malaysian Companies Act 1965 for appointment as auditors, company secretaries and liquidators. In 2009, a Memorandum of Understanding (MoU) was signed between MICPA and Chartered Accountants Australia and New Zealand (CAANZ), marking an important milestone for both bodies in working together to promote the interest of students, members and the accountancy profession.
The MoU provides for mutual advanced entry for candidates into both bodies’ professional examinations. Graduates of the joint MICPA-CAANZ Programme will obtain 2 professional qualifications from 3 countries – CPA (Malaysia) and CA (ANZ).
Programme graduates will also have access to the Global Accounting Alliance (GAA) which provides support from a network of 10 premier professional accounting bodies across 11 countries.
President: Ira Bodenstein
|2828 Cochran Avenue
Simi Valley, CA 93065
|Tel: +1 805 285 0756||Fax: +1 805 832 6178|
|Web: www.NAFER.org||E: mwhalen@NAFER.org|
National Association of Federal Equity Receivers (NAFER) was founded in May of 2010 by a small group of seasoned Federal Equity Receivers who recognized the need for a central resource of information and support. Though several associations had been formed on behalf of professionals serving in the individual state court systems, none had been established as a resource for those who practice within the Federal Courts of the United States of America. NAFER was established for just this purpose: to advance the awareness of – and resources for – those who work as professionals in the field of federal equity receivership. NAFER’s reputation for excellence in both membership and member resources quickly grew. Starting with the pioneering group of thirteen, NAFER has grown to over 150 members in just five years.
In 2015, the leadership of the organization recognized the fact that, while appointed by District Court Judges as receiver over a US matter, many federal equity receivers dealing with multi-lateral fraud schemes that require interaction with receivers in other jurisdictions. They may deal with international assets, claims, and litigation in jurisdictions outside the US. Thus, the NAFER International Committee was formed and a membership with INSOL established.
NAFER’s Mission is to provide a forum for federal equity receivers to consult with one another regarding the legal and practical issues they face in order to develop best practices and common solutions. By improving the quality, standardization, and expertise in the receivership field, we aim to make it possible for those choosing receivers to do so with confidence.
NAFER’s Objectives are to:
1) Provide a forum for receivers to share solutions on legal and practical issues they face.
2) Develop a set of “best practices” and ethical standards for equity receivers.
3) Improve the quality, efficiency, and harmonization of receiver practices.
4) Create a repository of legal research and briefs on topics commonly faced by receivers.
5) Instill confidence among federal agencies on the skills and expertise of NAFER members.
Annual Conference: Considered by many as the “educational opportunity of the year” for the Federal Equity Receiver and his or her support group (including counsel, accountants and support staff), the fifth annual conference of the National Association of Federal Equity Receivers will be held in Washington, DC at the beautiful Mayflower Hotel from October 15 – 17, 2016. Please save the date and plan to join us for this increasingly internationally-focused event.
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Second Floor, Sherpa Mall
|Tel: +00 977 1 424 7177||Fax: +00 977 1 424 4971|
|Web: www.nipa.org.np||E: email@example.com firstname.lastname@example.org|
NIPA is an association of chartered accountants, lawyers, judges, bankers, management consultants, and other professionals and institutions, desirous of and committed to the development of insolvency law in Nepal. NIPA was formed on 13 March 2003 as a non-profit and non-governmental organisation.
NIPA conducts research and training programmes and organises seminars/discussion forums on corporate debt restructuring practices and for the development of insolvency-related laws in Nepal. It also undertakes comparative studies of developments on insolvency laws and practices of other jurisdictions. In Nepal, insolvency law is governed by the Insolvency Act 2006. NIPA is committed to work for advocacy, legislative reform and implementation of the insolvency law in Nepal. Presently, Mr Sashin Joshi, banker, is the president of NIPA. Mr Mahendra Mainali, lawyer, is the vicepresident and Mr Pradeep Kumar Shrestha, chartered accountant, is the secretary general and Mr Sujeer Shakya, management consultant, is the treasurer.
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|Tel: +49 (0)30-887 139 91||Fax: +49 (0)30 -887 140 95|
|Web: www.nivd.de||E: email@example.com|
NIVD – Neue Insolvenzverwaltervereinigung Deutschlands e.V. was formed in 2007 (formerly VJI – Verband Junger Insolvenzverwalter e.V.) and represents the interests of all parties involved in insolvency proceedings in Germany. The association participates in legislative processes, supports the education of insolvency professionals and is a platform for exchange of information and networking.
The organisation counts currently more than 350 insolvency and restructuring professionals who mostly are insolvency practitioners, lawyers, representatives of financial institutions and judges.
The association has two governing bodies: Executive Board and General Meeting.
The Executive Board board is supported by a scientific advisory board which cares for the interests of the members and functions as consultant for fundamental decisions.
The main event is an Annual Congress in Berlin every September.
R3, the Association of Business Recovery Professionals
|Tel: +44 (0) 20 7566 4200||Fax: +44 (0) 20 7566 4224|
|Web: www.r3.org.uk||E: firstname.lastname@example.org|
Membership benefits and services
As the foremost provider of education and training within the sector, R3 offers a unique calendar of national, regional, educational and social networking opportunities for members and professionals across the UK.
Incorporating several categories of membership, R3 disseminates information and best practice to all members, whilst providing platforms to contribute to the development of insolvency, restructuring and turnaround practice in the UK. All members enjoy the benefits of INSOL International facilitating cross-border understanding within the profession.
Improving communications with the public and the business recovery profession remains an important objective for R3. We provide comprehensive information and signposting online via R3’s ‘Find a Practitioner’ search facility, print the R3 Annual Directory of business recovery professionals – detailing area of expertise, plus various guides such as 'Is a Voluntary Arrangement Right for Me?' all made available to the general public.
The R3 magazine, RECOVERY, delivers analysis on the key trends, technical and regulatory updates and is a unique resource to anyone working within the sector.
R3 members are regulated by recognised professional bodies. To become a member of R3, or for more information, please visit www.r3.org.uk.
R3 is a limited company by guarantee, administered by full-time staff and governed by an elected Council.
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RISA was established by Bermuda-based insolvency practitioners in 2015 to promote and support the development of the insolvency and restructuring industry in Bermuda.
Less than two hours from New York, Bermuda fosters a collaborative business culture that sees Government, industry and regulators working together for the jurisdiction’s commercial success. That history has created a highly respected and successful financial centre recognised for worldwide standards of compliance, regulation, transparency and infrastructure. With 80 tax treaty partners around the world, Bermuda is rated a first-class domicile by the Organisation for Economic Cooperation and Development.
Top global service-providers have created a workforce of experienced, internationally trained and qualified professionals. Notably, the Island is the world’s largest captive domicile, one of the top three reinsurance centres, and the leading market for insurance-linked securities. As of September 30, 2014, Bermuda had over 600 investment funds registered in and operating from the Island, strengthening its position in the international funds market.
To be eligible for membership you must be resident in Bermuda and directly or indirectly engaged in the business of insolvency or restructuring in Bermuda. You must also be either a current member of a recognized professional body or a person whose work requires you to routinely and actively participate in Bermuda insolvency or restructuring related matters.
|Tel: +1 284 852 4814|
RISA was established by British Virgin Island (BVI) insolvency practitioners in 2009 to promote and support the development of the insolvency and restructuring industry in the BVI and now has in excess of 130 members. As a major international financial centre with in excess of 500,000 active registered companies and one of the world’s largest fund domiciles, the BVI
is a prominent jurisdiction in terms of insolvencies. BVI companies are frequently found in complex, international financing and group structures.
All formal appointments in the BVI require insolvency experts with local knowledge and international expertise. The BVI Insolvency Act 2004 is modern, fit for purpose and is supported by a strong Commercial Court.
The three classes of RISA membership are General, Associate and Student. To be eligible for general membership you must be resident in the BVI and be a current member of a recognised insolvency, legal or accounting body. Associate membership is available to those who are not eligible for general membership and includes professionals who are resident overseas but are
frequently engaged in BVI insolvency related matters. BVI attracts a large number of visiting leading counsel from the UK and their membership is encouraged.
|Tel: +1 345 769 7203|
RISA was established in 2012 and its membership base of insolvency practitioners and litigators has grown to over 357 members in 2015. RISA is focused on the development and representation of the insolvency and restructuring profession in the Cayman Islands as well as providing a great forum for networking and maintaining relationships within the profession. Cayman is the leading offshore financial jurisdiction and is the pre-eminent jurisdiction of choice for hedge funds and private equity funds and is home to over 70,000 active registered companies. Cayman companies are frequently found in complex, international financing and group structures. Contentious or insolvent appointments in Cayman require court approved and qualified insolvency experts with local knowledge and international expertise. Such appointments are supervised by the Financial Services Division of the Grand Court of the Cayman Islands. The primary legislation is the Companies Winding up Rules and the Companies Law. This legislation takes into account the nuances and specialisms of fund structures. Cayman insolvencies are frequently involved in US Litigation and recognition proceedings. Cayman is also a popular jurisdiction for UK and European-based managers and investors and also Middle and Far Eastern investors. To be eligible for general membership, you must demonstrate significant engagement in, and experience of, Cayman based restructuring, litigation and insolvency matters.
|Tel: + 64 9 917 5924|
|Web: www.ritanz.org.nz||E: email@example.com|
The Restructuring Insolvency and Turnaround Association of New Zealand (RITANZ) launched on 1 January 2015. RITANZ was effectively formed out of its predecessor INSOL New Zealand. The predecessor organisation had been functioning since the early 1980s. RITANZ is stand-alone incorporated society operating as an independent self-regulatory body.
RITANZ has a current membership of around 330 members. It has branches in Auckland, Wellington and across the South Island. Members of the organisation include:
• Judges and academics
• Chartered Accountants who are members of NZICA, and other Practitioners working in the insolvency and corporate restructuring fields
• Lawyers working in the insolvency and corporate restructuring fields
• Employees of the Government’s Insolvency and Trustee Service and Ministry of Economic Development
• Bankers, credit managers and others with an interest in insolvency law and practice, workouts and restructuring.
In New Zealand, corporate insolvency work such as liquidations, administrations, receiverships and workouts is in the main undertaken by Chartered Accountants and insolvency practitioners. Currently there are few restrictions on who may accept appointments as receivers, administrators and liquidators and even fewer on who can manage workouts or compromises with creditors. RITANZ is currently lobbying for more robust regulation of practitioners by the New Zealand Government. RITANZ is working with Chartered Accountants Australia + New Zealand to create a self-regulation structure to enhance the value of membership and the profession in New Zealand. This is live with effect from 30 September 2015. Lawyers are able to accept appointments but this rarely occurs – they concentrate on providing specialist insolvency legal advice to those who do accept appointments as liquidators, administrators, receivers and workout managers.
Administration of the bankruptcy of individuals is carried out solely by the Government’s Insolvency and Trustee Service (Official Assignee’s office). That office also conducts court-ordered liquidations of corporate entities if the creditors do not request a private insolvency practitioner to accept appointment as liquidator.
RITANZ actively supports the objectives of INSOL International. RITANZ is involved in making submissions on insolvency law reform to Government on a regular basis, and convenes regular meetings of members to discuss topical issues in insolvency law and practice. A national conference, held annually and supported by a high calibre overseas speaker faculty, is one of the main events on the RITANZ calendar.
Makarenko Street 5,
|Tel: (+7 495) 935 75 97||Fax: (+7 495) 937 75 98|
|Web: http://rssoau.ru||E: firstname.lastname@example.org / email@example.com|
The Russian Union of Self-Regulated Organisations of Arbitration Managers (RUSROAM) was established in February 2003. The term arbitration manager is a synonym of insolvency administrator and stands for a practitioner who carries out insolvency procedures. According to Russian law only members of one (and only one) self-regulated organisation can be appointed for insolvency procedure.
Participants of the RUSROAM can be organisations with a statute of a self-regulated organisation of arbitration managers in accordance with the Russian law ‘on insolvency (bankruptcy)’. Such organisations should include no less then 100 arbitration managers. The aggregate membership of RUSROAM’s participants exceeds 4,000 arbitration managers.
The main object of the RUSROAM is to form in Russia a positive perception of insolvency procedures and arbitration managers. The RUSROAM is governed by general meeting, the council and the president.
Functions and services
The RUSROAM provides a wide range of functions and services:
• Elaborates rules and ethical norms of professional activity of arbitration manager and self-regulated organisations.
• Assists observance the legislation of the Russian Federation and rules of professional activity by arbitration managers.
• Elaborates methodical principles of carrying out control of professional activity of arbitration managers.
• Develops methods and contents of training and re-training of arbitration managers.
• Develops proposals on the perfection of legal and economic regulation of arbitration management.
• Defends rights and legal interests of the participants of the Union; represents legal interests of the Union’s participants in their relationships with the authorities of the Russian Federation.
• Carries out collection, treatment and dissemination of the information necessary for providing activity of the arbitration managers and self-regulated organisations.
• Studies and generalises Russian and foreign practice of arbitration management.
• Organises and participates in the seminars and conferences (including international).
• Carries out the contacts, exchange of information and joint elaboration with Russian and international organisations and insolvency practitioners.
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|Tel: +27 11 447 3877||Fax: +27 866 916 987|
|Web: www.saripa.co.za||E: firstname.lastname@example.org|
SARIPA (previously known as AIPSA) is a voluntary Association originally formed by a group of insolvency practitioners in 1986. SARIPA has a current membership of some 482 practitioners, academics and other participants involved in the insolvency and business rescue and
The SARIPA mission statement emphasises our commitment to creating a transparent environment in which our members, irrespective of race, creed or gender, can practise their profession in accordance with the Constitution of the Republic of South Africa, so as to provide an effective, professional service to all stakeholders by skilled, independent practitioners with the highest integrity and being mindful of:
• community interests;
• the constitutional rights of individuals; and
• a sustainable economy.
To achieve this, the main objectives of the Association are:
• Upholding and improving the standards of professionalism and qualifications of practitioners.
• Encouraging the study of the laws relating to insolvency and the administration of individual estates, corporations and companies and the business rescue of such corporate entities, while initiating and promoting improvements to the laws of insolvency in conjunction with Government.
• Continuing to strive towards the statutory regulation of the insolvency profession in South Africa.
• Enforcing a strict disciplinary code.
• Facilitating the enhancement of standards of education. To this end, an Advanced Certificate and other educational programmes are offered by two prominent South African universities under the auspices of SARIPA.
• Participating in and encouraging debate regarding the implementation of the business rescue provisions of the Companies Act (which came into effect on 1 May 2011).
• Interacting and liaising with Government in relation to issues affecting the professions of insolvency and business rescue.
|Tel: +91 11 2433 9071 74||Fax: +91 11 2433 9075|
The objectives of SIPI are organising and institutionalising the profession of insolvency in the country; to provide, inter alia, insolvency and related education and training to its members so that they are able to provide highstandard services to stakeholders and continue to enhance the reputation of the profession; and to bring together members of various related disciplines for promotion, development and advancement of the insolvency system, law and practice in India.
The vision of SIPI is to emerge as a leading, self-regulating and standard-setting body for insolvency practitioners, and constructively engage with the policy makers in providing the most appropriate legal and regulatory framework for insolvency law and practice.
SIPI aims to be a depository of knowledge and a platform for sharing domestic and international experience, so as to serve as a comprehensive source of information on current issues in insolvency and restructuring law and their legal framework.
150 N Wacker Drive
|Tel: +1 (312) 578 6900||Fax: +1 (312) 578 8336|
|Web: www.turnaround.org||E: email@example.com|
The Turnaround Management Association (TMA) is a global non-profit organization dedicated to turnaround management, corporate restructuring, and distressed investing professionals.
With global headquarters in Chicago, TMA has more than 9,000 members in 52 regional chapters, including 32 in North America, and one each in Australia, Austria, Brazil, the Czech Republic, Finland, France, Germany, Hong Kong, Ireland, Italy, Japan, the Netherlands, Romania, Serbia, Singapore, Southern Africa, Spain, Sweden, Taiwan, and the United Kingdom.
TMA members are a professional community of turnaround and corporate renewal professionals who share a common interest in strengthening the economy through the restoration of corporate value. Members include turnaround practitioners, attorneys, workout officers, investors, lenders, venture capitalists, appraisers, liquidators, executive recruiters, and consultants, as well as academic, government, and judicial employees. All TMA members are expected to honor a Code of Ethics specifying high standards of professionalism, integrity, and competence. The association offers the Certified Turnaround Professional (CTP) and Certified Turnaround Analyst (CTA) designations, which demonstrate professional excellence and provide an objective measure of expertise related to workouts, restructurings, and corporate renewal.
TMA Global holds two global conferences each year – the TMA Distressed Investing Conference and The TMA Annual. Both feature timely education sessions with high-profile speakers and experienced practitioners, and many networking and business development activities. Local chapters complement TMA Global programs with more than 500 events held worldwide, including eight regional conferences in North America and one each in Europe and Asia.
TMA’s flagship publication, Journal of Corporate Renewal (JCR), is devoted exclusively to professionals in the turnaround industry, and is available in print, online, and on mobile devices. TMA also publishes the TMA Weekly Report, an e-newsletter that provides timely updates on upcoming TMA events, announcements, and recent member transactions.
TMA membership is on an individual basis and runs on a 12-month anniversary cycle. Membership is also open to government officials, academics, young professionals (35 and under), and full-time university students.
For more information, visit turnaround.org
All details above are correct as per The 2016 INSOL Directory. To make amendments to these details or enquire about membership please contact Jelena Wenlock, Membership Manager at jelena@insol,ision.co.uk
Page last modified: 1st November 2016