Rescue of Business in Europe

Bob Wessels is Professor Emeritus of International Insolvency Law at the University of Leiden (The Netherlands). He held that chair from 2007-2014. He has been Professor of Commercial Law at the Vrije University Amsterdam from 1988-2008. He has over 40 years of experience as an independent legal counsel and arbitrator, provided expert evidence for cases in Belgium, Greece, Ireland, Poland, Sweden, Switzerland, UK and USA, and acted as consultant to the InternationalMonetary Fund and the World Bank. From 1987-2016 he has been a Deputy Justice at the Court of Appeal (The Hague, The Netherlands). He is a Fellow of the American College of Bankruptcy, member of the American Law Institute and the European Law Institute, Honorary Member of INSOL Europe and Chairmanof the Conference of European Restructuring and Insolvency Law (CERIL). Since 2010 he has been Expert Counsel to the European Commission in matters of restructuring and insolvency.Stephan Madaus is a Professor at Martin Luther University Halle-Wittenberg (Germany), where he teaches German, European and international insolvency law as well as contract and tort law. He is a member of the International Insolvency Institute and a Founding Member of the Executive of the Conference of European Restructuring and Insolvency Law (CERIL). In 2017 he was mandated (with two colleagues) by the German Ministry of Justice to evaluate the 2012 reform of the German Insolvency Code. Hehas published in prominent legal journals in Germany, Europe and beyond, including a treatise on the fundamental and doctrinal nature of rescue plans entitled Der Insolvenzplan.