Contact: John Hartgen
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ABI RELEASES UPDATED ANALYSIS OF EURPEAN UNION INSOLVENCY REGULATIONS

February 7, 2007, Alexandria, Va. — The American Bankruptcy Institute (ABI) has released the European Union Regulation on Insolvency Proceedings: An Introductory Analysis, Second Edition, an updated version to reflect the recent modifications to the EU Insolvency Regulation. The book was written by Prof. Bob Wessels of Vrije University in Amsterdam, who wrote the first edition in 2003 after the European Union’s insolvency regulation was implemented in May 2002, replacing a number of bilateral insolvency treaties.

The updated version of European Union Regulation on Insolvency Proceedings is a primer that covers jurisdictional issues, “winding-up” procedures such as the appointment of a liquidator, recognition of judgments, creditors’ rights and other provisions. This book is an invaluable resource for professionals who find themselves increasingly involved in cross-border insolvency cases.

The 170-page softbound manual is available for purchase at ABI’s Online Bookstore. Click here to order.

http://www.abiworld.org/source/orders/index.cfm?task=3&SKU=07_001

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ABI is the largest multi-disciplinary, nonpartisan organization dedicated to research and education on matters related to insolvency. ABI was founded in 1982 to provide Congress and the public with unbiased analysis of bankruptcy issues. The ABI membership includes more than 11,500 attorneys, accountants, bankers, judges, professors, lenders, turnaround specialists and other bankruptcy professionals, providing a forum for the exchange of ideas and information. For additional information on ABI, visit www.abiworld.org. For additional conference information, visit http://www.abiworld.org/conferences.html.