Recent developments in offshore law have increased the effectiveness of the tools available to trace and recover assets through the offshore insolvency process. This panel is conducted in a formal debate style, using the format of first proposition followed by first opposition, then second proposition followed by second opposition. The debates look at the illegality defense, clawback claims, the dishonesty test and foreign officeholder recognition, among other issues. Each debate is seven minutes with a four-minute closing, followed by a vote.