A Discussion With Simon Whiting of the U.K. Insolvency Service

Join us in this enlightening podcast as Kathlene Burke sits down with Simon Whiting, the Assistant Director of Policy at the U.K. Insolvency Service, to discuss the outcome of the Government’s consultation on implementing two model laws, which have been adopted by the United Nations Commission on International Trade Law (‘UNCITRAL’) — the Model Law on Enterprise Group Insolvency (‘MLEG”) and the Model Law on Recognition and Enforcement of Insolvency-Related Judgments (“Judgments Model Law”).   The Government intends to legislate to implement the MLEG “at the earliest opportunity”. The UK will likely be the first jurisdiction to implement the MLEG into its national law. In contrast, the Government will not yet proceed with its proposal to adopt “Article X” of the Judgments Model Law. Instead, in order to address issues raised in certain consultation responses, the Government plans to undertake further work to determine how legal certainty can be maintained. To that end, the Government has invited interested parties to submit abstracts of papers on this and other topics of Insolvency law for their Foward Thinking Conference scheduled for 10 November 2023.  The deadline to submit papers has been extended to 18 August 2023.