Dr Eugenio Vaccari was invited to speak of the recent reforms of the English corporate insolvency framework at a conference organised by the Russian Chamber of Commerce.

Dr Eugenio Vaccari, lecturer in contract and company law at Royal Holloway, University of London, was recently invited to discuss the recent changes to the English corporate insolvency framework at a conference organised by the Chamber of Commerce and Industry of the Russian Federation.

The virtual conference, the first of its kind, included international experts from all over the world, with key speakers from Brazil, Germany, Singapore and other European and Asian countries. The main purpose of the conference was to discuss best practices and approaches to corporate rescue and rehabilitation, as the Russian Federation is finally amending its legislation in the area.

Dr Eugenio Vaccari presented his last work on corporate rescue procedures, and on the recognition of insolvency and restructuring judgments after Brexit. In particular, Dr Vaccari commented on the recently enacted reforms on pre-packaged administration procedures, which were discussed - when the legislation was still in draft form - in a blog post available here.

Dr Eugenio Vaccari also discussed some controversial variations to established insolvency procedures, such as light touch administrations. Finally, he also introduced the recent changes to the corporate insolvency framework introduced by the Corporate Insolvency and Governance Act 2020, by analysing the implications arising from the first restructuring cases carried out by means of a part 26A restructuring plan.

Dr Eugenio Vaccari argued that London is doing everything it can to be the venue of choice for restructuring and insolvency procedures involving European and non-European companies even after Brexit. Much like Singapore in Asia, London is very much open for business and will welcome you with its strong judicial, professional and financial infrastructure.