The International Committee community is continuing to grow! We are excited to introduce and welcome the following new members:
International Committee
Committees
Whether it is the time lag depicted in Future Shock by Alvin Toffler in 1970 or the relativity of time by Yual Hararri in The History of Homo Sapiens, we have never felt the fast pace of a changing world as we are witnessing now.
The International Committee hosted an in-person happy hour social during INSOL London 2022 on June 27 at the conference hotel, the JW Marriott Grosvenor House London. Thank you to everyone who attended to mix-and-mingle with fellow ABI members; we had a blast!
We hope this newsletter finds you enjoying the lazy days of summer and maybe even getting to do some international traveling. Keep reading to hear all the amazing things the International Committee has been up to.
We are pleased to announce that, with the help of ABI’s Karim Guirguis and his team, the Global Insolvency website (globalinsolvency.com) has had numerous updates that will enhance its visibility, add significantly more valuable content, and draw more viewers to the site.
The ABI International Committee is actively soliciting nominations for the First Annual ABI International Committee Matter of the Year Award. The details are set forth below.
Nomination Deadline: September 15, 2022.
Criteria
Each submission should address how the matter (the “Matter”) satisfies the following criteria:
Maximizing value for creditors is one of the paramount objectives of the Canadian insolvency system. Where the value is in a business varies in each situation. Depending on the nature of the business, a debtor company may have crucial licenses or contracts that are not transferrable but are necessary in order to operate.
On March 7, 2022, the U.S. Supreme Court in Estate of Omar Fontana v. ACFB Administração Judicial Ltda.-ME, No. 21-828 (U.S. Mar. 7, 2022), denied a petition for review of a decision by the Eleventh Circuit, In re Transbrasil S.A. Linhas Aéreas, 860 Fed. Appx 166 (11th Cir. 2021).
Mexico adopted the UNCITRAL Model Law on Cross-Border Insolvency (MLCBI) in May 2000, when the current Business Reorganizations Law (Ley de Concursos Mercantiles) (LCM) was enacted. It was incorporated in Title XII of the LCM, which contains essentially the same provisions as the MLCBI, with a few additions.
Welcome to the ABI International Committee’s Spring 2022 Newsletter. We thank all the members of the committee for their continued support, and we encourage you to get involved with the committee over the coming year. Please reach out to us if you are interested in contributing to a future newsletter, have an idea for a conference panel, or just want to get more involved.
Mr. Adam D. Crane
Co-Chair
Baker & Partners
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Co-Chair
Baker & Partners
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Mr. Kenneth Kraft
Co-Chair
Dentons Canada LLP
Toronto, ON
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Co-Chair
Dentons Canada LLP
Toronto, ON
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Mr. Adam Swick
Communications Manager
Akerman LLP
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Communications Manager
Akerman LLP
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Ms. Jennifer Jenkins
Education Director
Mourant
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Education Director
Mourant
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Mr. Charles Phiri
Membership Relations Director
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Mr. Simon Eickmann
Newsletter Editor
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Newsletter Editor
PLUTA Management GmbH
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Mr. Evan J. Zucker
Special Projects Leader
Blank Rome LLP
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Special Projects Leader
Blank Rome LLP
New York, NY
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