The European Restructuring and Insolvency Directive has put the concept of value at the heart of reorganization procedures. Drawing on the experience of the past few years, the workshop will focus on the appropriate determination of the reorganization value of a debtor and the distribution thereof among the relevant stakeholders. Is reorganization value really a guess compounded by an estimate, or can leading principles be identified? Practitioners from Germany, France, the Netherlands and Belgium will share their perspective and insights in order to determine commonalities or divergences.

The recently adopted EU Insolvency Directive introduces a new framework for pre-pack proceedings across the European Union. During this workshop, a representative involved in the legislative process will provide insights into the objectives and key features of the new regime. The presentation will be followed by a discussion with Pal Sziranyi and insolvency and restructuring practitioners on the potential impact for Belgian law and practice, including conditions, impact on the workers, related party-bids, sale process, transfer of executory contracts, credit bidding and creditor protection.

Michael De Roover, Roel Nizet and Boudewijn Wellink, 3 experienced CRO's, will each present a case study with a Q&A session after each case.

Our annual closing dinner of the year. More information will follow.

We are pleased to announce the first members-only BeTA Summer Cocktail (featuring the general assembly), a relaxed evening by the river Leie at Auberge du Pêcheur. An evening full of engaging conversation, good food and drinks in great company.