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EU has High Expectations of Judges in Restructuring Cases
Bob Wessels, Emeritus Professor of International Insolvency Law, Leiden University, the NetherlandsSynopsis
In matters of insolvency and restructuring, judges have to fulfil several criteria to act as a 'good' judge. In this contribution these criteria are developed. Also several examples are discussed that have been put in place or will soon emerge that can enhance the court's professional standing and its performance. In this way it may assist Member States to improve its judicial framework as well as (associations of members) of courts or judicial and administrative authorities dealing with procedures concerning restructuring and insolvency in developing the necessary expertise for their responsibilities as formulated in the EU Preventive Restructuring Directive.
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