Recent insolvency cases highlight the growing importance of cross-border insolvency matters in international transactions. To this end, many instruments have been introduced and implemented in recent years across the world. At this page we present a selection of relevant instruments in the field of…

This publication examines the issues regarding the cross-border resolution of financial institutions, focusing on the power allocation between the home and host resolution authorities, i.e. the jurisdiction rule.

It researches (the possibilities for) the development of a set of principles and best practices for insolvency office holders by comparing multilateral treaties and soft law recommendations and national legislation within Europe.

This book, written by two representatives of Leiden Law School, describes the framework of the European Insolvency Regulation (recast) (‘EIR Recast’), in force since June 2017.

Professor Bob Wessels has published a bibliography of International Insolvency Law as per January 2015. This document is an update of the 2011 bibliography and comprises sources of some 15 countries.

Restructuring and insolvency laws play a pivotal role in addressing the often conflicting interests of stakeholders of financially distressed companies. Whereas financial distress is an inherent risk of entrepreneurship in market-based economies, legal tools serve an important role to ensure an orderly…

Scholars and lawyers come across situations where insolvency office holders (court-appointed administrators/trustees) of insolvent/bankrupt companies chase the company’s directors, and sometimes shareholders, because the directors/shareholders did not prevent the insolvency/bankruptcy. In addition,…

Leiden Law School - The Department of Company Law (Institute for Private Law) and the Department of Business Studies (Institute for Tax Law and Economics) invite applications for the position of a Full Professor of Insolvency Law.

Just Published: EU Banking and Insurance Insolvency (second edition) Authored and Edited by Gabriel Moss QC, Bob Wessels and Matthias Haentjens Published by Oxford University Press

April 2021 saw the publication of the book ‘Cross-Border Protocols in Insolvencies of Multinational Enterprise Groups’. This book was published by Edward Elgar Publishing. It is written by Ilya Kokorin and Bob Wessels. The book serves as a comprehensive introduction to insolvency protocols and focuses…

During international training-sessions for judges on the JudgeCo project by the end of 2014, the LLS-team received several questions on the meaning of a protocol within the framework of international insolvencies. It appeared to be an obscure phenomenon. The LLS team promised to conduct a study on the…

To celebrate its 5th anniversary as an independent non-profit think tank, the Conference on European Restructuring and Insolvency Law (CERIL) held its first lustrum with a conference on Thursday 20 and Friday 21 April 2023. The conference discussed the European Commission’s long-expected legislative…

On 1 December 2020, Bernadette Muscat defended her thesis 'Insolvency Close-out Netting: A comparative study of English, French and US laws in a global perspective'. The doctoral research was supervised by Prof. M. Haentjens and Prof. B. Wessels.

On 19 and 20 March, the reporters of the ELI Project on Rescue of Business in Insolvency Law, Prof. Bob Wessels, Prof. Stephan Madaus and As. Prof. Kristin van Zwieten, will chair a conference to present the preliminary results of the project. The event will take place on the top floor (Dachgeschoss)…

Every year, more than three thousand businesses are declared insolvent in the Netherlands. The purpose of bankruptcy is to divide the assets of these companies among the creditors. However, the value of the claims of the creditors often exceed the value of the assets of the company

On 14 November, Ilya Kokorin defended the thesis 'Intra-group financing and enterprise group insolvency: problems, principles and solutions'. The doctoral research was supervised by Matthias Haentjens and Reinout Vriesendorp.

On Wednesday 19 and Thursday 20 April 2023, the Foundation Bob Wessels Insolvency Law Collection (BWILC) organised its fifth PhD Workshop on European and International Insolvency Law.

Preceding the inaugural address of Reinout Vriesendorp as Professor of Insolvency Law at Leiden University: “***+it happens; then and now” a seminar took place on the underestimated effects of hindsight bias in insolvency cases on 23 June 2016.

Welcome to the Business & Law Research Network!

In pursuit of solutions to China’s inter-regional cross-border insolvency cooperation, my doctoral dissertation provides 10 original recommendations accompanied with comments, which are entitled “China’s Inter-regional Cross-border Insolvency Arrangement” (CICIA).

Company Law provides education and research in the field of commercial and corporate law, insolvency law and International Business Law.

How should European financial law best integrate considering the interaction of the relevant legal systems?

On 19 September 2019, Lynette Janssen defended her thesis 'EU Bank Resolution Framework: A comparative study on the relation with national private law'. The doctoral research was supervised by Prof.mr. W.A.K. Rank and prof. M. Haentjens.

The Institute of Tax Law and Economics at Leiden Law School has three departments: the Department of Tax Law, the Department of Economics and the Department of Business Studies. The Institute brings together research and teaching at the point at which, on the one hand, law and, on the other, fiscal…

Chrisandya Sinurat (Sandy), an alumnus of the International Civil and Commercial Law Program from Leiden University, has been awarded the gold medal in the research competition of the International Insolvency Institute’s (III) 2024 Prize in International Insolvency Studies. Sandy was honoured to be…

A joint global research project, “New Bank Insolvency Law for China and Europe”, which started in 2014, is nearing its completion. China University of Political Science and Law (CUPL, Beijing, China) and Leiden Law School’s Hazelhoff Centre for Financial Law are finalizing an innovative joint research…

The starting point for this research project is the notion that the human brain is susceptible to all kinds of fallacies and biases that affect our perceptions and influence our reasoning outside of our conscious awareness. Indeed, most people think they are merely observing facts and that they process…

The section Civil Law provides education and research in the field of civil law.

Is private law ready for the challenges of our time?

On 11 June 2023, the International Insolvency Institute (III) announced its 2023 prizes in International Insolvency Studies during its 23rd Annual Conference in Amsterdam. Raghav Mittal from Leiden University was honoured to be a recipient of the Bronze Medal for his paper on Equity retention in SME…

The Department of Civil Law is responsible for education and research in the field of civil law. We teach the master’s degree programme Civiel Recht (Civil Law LL.M.), attracting many students each year from Leiden and elsewhere.

Shuai Guo, PhD candidate at Company Law and the Hazelhoff Centre for Financial Law, has been awarded the Silver Medal in the competition of the International Insolvency Institute (III) 2018 Prize in International Insolvency Studies. III is a non-profit, limited membership organization dedicated to advancing…

Lynette Janssen, PhD candidate at the Hazelhoff Centre for Financial Law, has been awarded the Bronze Medal in the competition for the International Insolvency Institute’s 2017 Prize in International Insolvency Studies.

Entering in the legal area of restructuring in the EU, new legal terms will become part of our jargon. Cram-down, stay, restructuring and moratorium are just a few of them. This ‘Glossary of Terms and Descriptions in Insolvency’, has formed an Appendix, published in the Global Principles for Cooperation…

This week has seen the publication of the Research Handbook on Cross-border Bank Resolution.

The vision of the Business & Law Research Network (BLRN) is that company and insolvency law should facilitate and ignite societal collaboration and cooperation, to serve economic development and societal interests. Law should therefore be closely aligned with socio-economic developments, which requires…

How should jurisdictions, both on the national and on the supra-national level, handle the interaction between public and private law where it regards the regulation of financial markets?

The Hazelhoff Centre for Financial Law provides academic teaching and performs research in the field of financial law.

The Business & Law Research Network (BLRN) was established in 2017 with the aim of advancing company and insolvency law in a multidisciplinary and comparative environment where academics, business leaders, policy makers, practitioners and regulators can meet and collaborate. BLRN believes that this…

The ultimate aim of this project (initated by the European Law Institute) is to design a framework that will enable the further development of coherent and functional rules for business rescue in Europe.

Over the past months regular updates have been provided on the work of the Leiden Turnaround, Rescue & Insolvency team (TRI Leiden) in creating EU Cross-Border Insolvency Court-to-Court Cooperation Principles. During the last week of January this project was finalised, resulting in 26 EU Cross-Border…

Members of BLRN provide a wide range of teaching on all matters of business law. The teaching ranges from courses in the Leiden Law School’s bachelor programme, including the International Business Law programme, the master programme on Company Law and the advanced master in International Civil and…

In the Department of Business Sciences, three chairs are established. Together, the chair holders lead the Turnaround, Rescue & Insolvency Leiden Research Team (TRI Leiden), which consists of legal and business science researchers from Leiden Law School. TRI Leiden aims, through an international and…