This episode explores the topic of financial sustainability and climate change.

Our speakers include Prof. Juanitta Calitz, who is Professor at the University of Johannesburg and a III member; Mr Harry Lawless, who worked as a financial sector specialist at the World Bank on a report on the interaction between insolvency and climate change; and Dr Eugenio Vaccari, Senior Lecturer at Royal Holloway, University of London as well as a III NextGen Executive Committee Member.

The podcast discussed the intersection between financial sustainability, climate change and insolvency regimes from the perspective of both developed and developing markets. It delved into topics including green finance and how insolvency law can play a role in resolving climate change. Part of the session was also dedicated to the analysis of municipal bankruptcies, and how ESG principals could promote the long-term resilience of financially distressed local entities.

The podcast is introduced by NextGen’s former Chairperson, Adam Crane of Baker & Partners in the Cayman Islands, and moderated by Dr. Francesca Burigo of the Università eCampus in Italy, as well as a member of the III NextGen Executive Committee. It was recorded in early February 2025, with information accurate at the time of recording.

In this episode of the International Insolvency Institute’s Global Perspectives podcast, we delve into consensual restructuring procedures in Europe. This podcast features insights from Prof. Annika Wolf (University of Applied Sciences in Emden/Leer), David Ehmke (lawyer, Germany) and Frederic Verhoeven (Hauthoff, the Netherlands). The discussion highlighted the key differences between consensual and more formal restructuring and insolvency procedures. It explored the advantages of consensual restructuring, such as speed, flexibility, confidentiality, value preservation, and the retention of control by the affected parties. However, it also addressed the challenges, particularly in cross-border cases, where differing legal frameworks, cultural variations, and enforcement complexities can make formal mechanisms like WHOA and StaRUG more appealing. Ultimately, the podcast provides a comprehensive analysis of why, in many cases, a bad settlement is preferable to a good judgment. NextGen’s Chairperson, Adam Crane (Baker & Partners in the Cayman Islands), introduces the podcast, which is moderated by Dr. Eugenio Vaccari (Royal Holloway, University of London). The podcast was recorded in early October 2024, with information correct at the time of recording.

We are excited to announce the release of a new episode of Global Perspectives, the International Insolvency Institute’s podcast series. This episode explores the evolving role and practice of insolvency practitioners (IPs), with a particular focus on their involvement in cross-border disputes. Dr. Elizabeth Streten, Lecturer at Queensland University of Technology and author of a recent publication in the field; and Andrea Harris, Partner at Grant Thornton, INSOL International Vice-President, and III Member; discuss the challenges and responsibilities faced by IPs. The conversation highlights how insolvency practitioners must balance complex legal and ethical obligations while fulfilling public functions in private roles. They examine the need for regulatory clarity at both domestic and international levels, including entry requirements, professional objectives, and interpretations of the IP role. The episode also addresses common misconceptions about insolvency practitioners, particularly the tendency to view them merely as "funeral directors" rather than facilitators of business rescue and asset recovery. It explores their vital function as communicators and educators, bridging the gap between stakeholders. The discussion further considers how accountants acting as insolvency practitioners contribute to financial investigations, including fund tracing, and how artificial intelligence may enhance their capabilities in the future. At the same time, the conversation acknowledges the limits of IPs’ expertise, particularly in highly specialized areas such as cryptocurrency and satellite technology. The podcast is introduced by NextGen’s Chairperson, Adam Crane of Baker &Partners in the Cayman Islands, and moderated by Dr. Eugenio Vaccari of Royal Holloway, University of London. It was recorded in early February 2025, with information accurate at the time of recording.

In this episode of the International Insolvency Institute’s Global Perspectives podcast, we were joined by leading international insolvency judges including Hon. Elizabeth Stong, Judge of the United States Bankruptcy Court for the Eastern District of New York; Hon. Aidan Xu, Judge of the High Court of Singapore; and Hon. Kazimbe Chenda, Judge of the High Court, Commercial Division in Zambia.

The central theme of the podcast is the roleof the judiciary in promoting good restructuring practices and cross-border collaboration in insolvency proceedings.

During the podcast, the esteemed judges explore the role of the judiciary in promoting cross-border insolvency cooperation, and what more can be done to enhance the judiciary’s capacity to handle complex cross-border insolvency cases. The podcast also features a list of lessons learned from the handling of complex cases, not necessarily large ones, and an interesting reference to a bakery in Brooklyn, New York.

The podcast is introduced by NextGen Program Chairperson, ⁠Adam Crane⁠ (Baker & Partners in the Cayman Islands) and moderated by Dr Eugenio Vaccari (Royal Holloway, University of London). The podcast was recorded on 15 January 2025, with information correct at the time of recording.

In this episode of the International Insolvency Institute’s Global Perspectives podcast, we are joined by expert panelists Okorie Kalu (Partner, PUNUKA Attorneys & Solicitors); Judy Muigai (Partner, DLA Piper Africa IKM Advocates); and Prof Wesley Rosslyn-Smith (Associate Professor, University of Pretoria) who discuss developments in insolvency law and practice in Sub-Saharan Africa.

Our speakers addressed topics including practitioner qualification and accreditation, expedited pre-insolvency and insolvency processes for MSEs, fostering regional collaboration, the influence of the World Bank Business Ready report on regulatory activities, and the connection between tax incentives and capacity-building initiatives for insolvency practitioners and judges.

The podcast is introduced by NextGen Program Chairperson, ⁠Adam Crane⁠ (Baker & Partners in the Cayman Islands) and moderated by Dr Eugenio Vaccari (Royal Holloway, University of London). The podcast was recorded in early December 2024, with information correct at the time of recording.

In this episode of the International Insolvency Institute’s Global Perspectives podcast, we delve into consensual restructuring procedures in key jurisdictions such as Singapore, India and France. Our expert panelists, Vasile Rotaru (Ph.D. Candidate, University of Oxford), NextGen Member Ishana Tripathi (Associate Professor, Jindal Global Law School) and NextGen Member Jo Tay (Partner, Allen & Gledhill), offer insightful commentary on the unique characteristics, challenges, and growing appeal of consensual restructuring methods in these jurisdictions. They discuss the strong tradition of consensual workouts in France (mandat ad hoc and conciliation), the increasing demand for lender-led mediation, and the need for coordinated efforts among practitioners, courts, and legislators. The panelists also address key obstacles, such as litigious or impatient creditors and the occasional aggressive stance from legal counsel.

The podcast is introduced by NextGen Program Chairperson, ⁠Adam Crane⁠ (Baker & Partnersin the Cayman Islands) and moderated by Dr EugenioVaccari (Royal Holloway, University of London). The podcast was recorded in early October 2024, with information correct at the time of recording.

In this episode of the ⁠International InsolvencyInstitute⁠’s Global Perspectives podcast, we explore hybrid insolvency procedures and workouts in Latin America to gain practical insights into how these mechanisms are implemented in real-world scenarios. Our distinguished panelists, The Hon. Adolfo Rouillon and Andrés Martinez, offered their expertise on this timely topic.

Our speakers discussed the current use and comparative effectiveness of hybrid restructuring mechanisms across various Latin American jurisdictions, highlighting how corporate structure influences whether businesses pursue these options and the tendency of family-owned smallbusinesses to avoid them. They also shed light on tax implications, potential risks of not utilizing these procedures—such as the conversion of foreign currency claims to domestic currency upon insolvency—and the formalities required to implement these processes across diverse regulatory landscapes. Additionally, the panelists reflected on the World Bank’s role in encouraging the adoption of hybrid mechanisms throughout the region.

The podcast is introduced by NextGen Program Chairperson, ⁠Adam Crane⁠ (Baker & Partners in the CaymanIslands) and moderated by Dr Eugenio Vaccari (Royal Holloway, University of London). The podcast was recorded in October 2024, with information correct at the time of the recording.

In this episode of the International Insolvency Institute’s Global Perspectives podcast, we were joined by Gabriel Olivera (NextGen) alongside Olya Antle (NextGen) and Rahman Connelly (NextGen) to discuss a critical and timely topic: nonconsensual third-party releases in Chapter 15 cases in the United States.

With the Supreme Court’s decision in Harrington v. Purdue Pharma rejecting such releases in Chapter 11 cases, this conversation explores whether Chapter 15 offers a legal loophole for their enforcement. Our guests analyze the implications for cross-border insolvency law, forum shopping, and future creditor challenges.

Tune in for a deep dive into one of the most debated issues in U.S. restructurings today.

In this episode of the International Insolvency Institute’s Global Perspectives podcast, we delve into recent insolvency law reforms in Brazil, a country that has made significant changes to its legal framework in the past few years.

Brazil introduced substantial reforms to its insolvency laws in 2005, and more recently in 2020, bringing its system more in line with international best practices. These reforms have notably improved corporate restructuring processes and have aimed to enhance the role of the judiciary and regulators in handling insolvency cases.

Our expert panellists, Joao Guilherme Thiesi da Silva (Pinheiro Neto Advogados) and Guillerme França (Lollato Lopes Rangel Ribeiro Advogados), offer insightful commentary on the effectiveness of these reforms and how they align with global trends, particularly considering their experiences in the US and Brazil. Their conversation also explores how these changes facilitate better outcomes for distressed businesses, as well as the challenges that remain, especially in terms of access to credit and cross-border insolvencies.

The podcast is introduced by NextGen

In this episode of the ⁠International Insolvency Institute⁠’s Global Perspectives podcast, we covered the role of regulators and the judiciary in LATAM. Our expert panelists were Susana Hidvegi Arango (business insolvency, complex litigation, and arbitration advisor), Javier Armando Lorente (Lorente & Lopez Abogados) and Roberto Villaseca (Carey LLP).

In this podcast, we delve into the critical role of regulators and the judiciary in Latin America's insolvency frameworks, with a focus on Chile, Colombia, and Argentina. Each country has a distinct approach to insolvency law, influenced by historical, economic, and political factors, and the relationship between regulators and the judiciary is central to the success of these systems. We explore recent reforms in Chile that have reshaped the balance between regulators and courts, significant regulatory changes in Colombia, and Argentina’s judiciary-driven insolvency processes, which often operate without a dedicated regulator.

Our guests, experts from each country, discuss the evolving roles of regulators and judges, examining challenges such as maintaining judicial independence, managing sector-specific insolvencies, and fostering effective collaboration. They also reflect on the lessons learned from other Latin American jurisdictions and international practices that could enhance the effectiveness of these insolvency frameworks. This podcast offers valuable insights into the dynamics of insolvency law in LATAM, providing listeners with a deeper understanding of the region’s legal landscape and the ongoing reforms shaping its future.

The podcast is introduced by NextGen Program Chairperson, ⁠Adam Crane⁠ (Baker & Partners in the Cayman Islands) and moderated by Dr Eugenio Vaccari (Royal Holloway, University of London). The podcast was recorded in early October 2024, with information correct at the time of the recording.