CERIL – CONFERENCE of EUROPEAN RESTRUCTURING and INSOLVENCY LAW
The Conference of European Restructuring and Insolvency Law (CERIL) is an independent non-profit limited member organisation. To join CERIL as a member is by invitation only. To secure that its conferees are leading scholars, judges and practitioners in the field, CERIL started mid 2016 with inviting the Experts on restructuring and insolvency (who had been appointed by the European Commission to assist in drafting its harmonisation initiatives) and a selection of persons appointed by the European Law Institute to its project ‘Rescue of Business in Insolvency Law’, to become founding conferees.
CERIL conferees will not take a position which may be influenced by professional obligations and relations or act on behalf of a certain interest group. Conferees acknowledge their input as both appropriate and necessary so that an independent view can be presented, based on their knowledge and experience as practitioners, judges and scholars, reflecting a wide and diverse array of national insolvency systems and legal traditions.
CERIL’s vision is to provide a unique independent perspective to endorse significant long-term improvements in restructuring and insolvency systems across the European Union. Topics mentioned for further research and discussion have been: improvements in the field of the Insolvency Regulation Recast as well as out-of-court restructuring, security rights, contracts, employment, fraudulent transactions, director's liability, simplifying cross-border communications and proceedings etc. (see also "Projects")
In its starting phase CERIL is a voluntary organisation, based on the shared commitment by its conferees to collect and present their best insights. Membership is free of charge. In a later stage, if necessary, CERIL could be organised in a (legal) form that supports the conferees and their activities at best. CERIL establishes a platform that allows for the exchange of ideas, in-depth discussions, often in the context of joint studies and statements of advice on technical and policy matters. CERIL may support legislative initiatives on a European Union or national level but also discuss fundamental principles and concepts. The exchange of ideas and the drafting of papers takes place electronically (e-mail, conference calls, skype) in principle. Presently yearly conferences (physical meetings) are not foreseen. If appropriate, CERIL or its working parties may assemble in a place/time that seems practical, i.e. in conjunction with international meetings of other European institutions or organisations.