-
25th Anniversary of UNCITRAL’s Model Law on Cross-Border Insolvency and Expert Group Meeting on Asset Tracing and Recovery in Insolvency Proceedings
Some of the participants at the UNCITRAL’s Expert Group Meeting on Asset Tracing and Recovery in Insolvency Proceedings (from left to right): Steven Philippsohn (UK), Héctor Sbert (Spain), David Mizrachi (Panama), Henrique Forssell (Brazil), Christopher Redmond (USA), Shaun Reardon-John ( BVI), Karen Fellowes (Canada), Debby Lim (Singapore) and Jeremy Lightfoot (Hong Kong). On 16 December…
-
Tracing of assets of the insolvency estate in the EU – the Proposal for a new Directive harmonizing certain aspects of insolvency law
On 7 December 2022, the European Commission published its “Proposal for a Directive of the European Parliament and of the Council harmonising certain aspects of insolvency law“. The Proposal is published when the previous Directive dealing with insolvency law (Directive 2019/1023 on preventive restructuring frameworks) is still in the process of being transposed to all…
-
How To Recover Stolen Funds Via Reversible Transactions on Ethereum
“The immutability of blockchain transactions is both a blessing and a curse”. This is how Kaili Wang starts her blog post introducing her and other Stanford researchers’ paper on reversible transactions on Ethereum. Indeed, Kaili Wang, Dan Boneh and Qinchen Wang have recently created opt-in token specifications that are siblings to ERC-20 and ERC-721 and…
-
Private Equity – a Ponzi scheme?
Forget about crypto, the next big scam is… private equity! Or so say industry leaders. “The private equity industry has grown into a pyramid scheme that will create casualties in around three to five years”, said Vincent Mortier, the CIO of Amundi, Europe’s biggest asset manager, in June 2022. “What you see is that the…
-
Wine Fraud in Spain: Has Over-Regulation of the Industry Led to Self-Sabotage?
When it comes to wine fraud, what often springs to mind are characters such as Rudy Kurniawan, who produce counterfeit versions of prestigious wines. As the perpetrator in one of the most high-profile wine fraud cases in history, Kurniawan was deported from the US earlier this year after being convicted in 2013 of conning wealthy…
Hector Sbert 