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Join INSOL

INSOL New Zealand is a networking group intended for professionals and senior management practising in the field of insolvencies and corporate reconstructions, and in particular includes the following:

  • Members of The Institute and their staff who undertake insolvency assignments.
  • Members of the New Zealand Law Society and their staff who represent clients on insolvency related matters.
  • Academics teaching subjects relating to insolvencies.
  • Members of the New Zealand Credit and Finance Institute.
  • Members of the IWIRC New Zealand Network Inc (International Womens Insolvency & Restructuring Confederation).
  • Members of the Turnaround Management Association – “TMA” .
  • Members of the banking profession and in particular asset management.
  • Professionals working for the Ministry of Economic Development and in particular the New Zealand Insolvency and Trustee Service.
  • Professionals working for the Ministry of Justice.

To ensure that the activities of the Group meet the expectations of the targeted audience, the committee of INSOL New Zealand will reserve the right to restrict membership to those who meet the above criteria.

Membership Fee

Standard $244
NZICA and Law Society members $195
Special discount* $99 – must meet criteria, see below for details
Other discount** 25% for 4th and subsequent employees from same firm
Youth membership*** Funded by INSOL NZ – must meet criteria, see below for details

All membership fees include GST and incoroporate the INSOL International levy of $US50 per person.

* Special discount
Applies to students, provisional members of the New Zealand Institute of Chartered Accountants and Recently Admitted Members of the New Zealand Law Society.

** Other discount – Multiple members from same firm
Receive 25% discount for 4th and subsequent employees from the same firm.

*** Youth membership
To assist in the development and training of our young practitioners, INSOL New Zealand has instigated a young members membership program. The program detailed below commences with effect from 1 January 2012.

INSOL New Zealand will fund the membership fee of up to 20 young members each year. The young member needs to be working in insolvency for less than two years, have appropriate legal, accounting or banking qualification, and be under the age of 30.

Please note that any organisation can have only a maximum of two such members each year and any such member can only remain as a qualifying young member for a maximum of two years.

Tony Johnson from the INSOL New Zealand committee co-ordinates this program. If you wish to nominate any young practitioner who qualifies for the young members membership program, please forward your nomination with the relevant background information by email to Tony. The nomination will then be considered by the sub-committee appointed for this purpose.

We trust you will take advantage of this initiative and we look forward to receiving nominations.

Download the subscription form.

Benefits of INSOL International Membership

Members of INSOL International are entitled to the following benefits through their membership
of the Association:

Conferences

Members of INSOL receive preferential rates to attend both the Quadrennial Congress, which is held every four years and the annual regional conferences. The saving on, for example, the Quadrennial Congress is in the region of US$300 per delegate.The conferences give you the opportunity to network with colleagues from your own country and world-wide. We are constantly striving to develop technical programmes that are at the cutting-edge in their content and presentation.INSOL also arranges one-day seminars in various destinations to provide educational cross-border programmes, members are entitled to a discounted rate.

INSOL World

INSOL World, is our quarterly member’s newsletter. The newsletter features current events and developments concerning the profession world-wide, our Member Associations and INSOL International.It frequently includes items of technical news not covered elsewhere and is required reading in
the international insolvency and restructuring industry.

Technical Electronic Newsletter

INSOL launched in October 2005 an electronic newsletter, which is e-mailed to all members monthly. This contains information on recent cases, new & pending legislation, journal articles and news items.

International Insolvency Review

The IIR is a unique publication containing technical articles on many aspects of international insolvency. The Editor is Professor Ian Fletcher, Professor of International Commercial Law, Faculty of Law, University College of London. It is published by Wiley-Blackwell three times a year. The institutional subscription rate is US$825 but the INSOL member’s rate is only US$186.

INSOL Technical Papers Series (2006 -)

Under this series INSOL publishes technical papers regularly on a number of current hot topics.

  1. “Economic and Geographical Implications of Hedge Funds in Distressed Debt” by Sandra A Larratt-Smith, Swing Bridge Capital and Steven P. Ordaz, BMC Group
  2. “Securities Law Claims in Insolvency Proceedings” by Professor Janis Sarra, Associate Dean, University of British Columbia Faculty of Law, Vancouver, Canada
  3. “Formalities for the Transfer of Insolvent Businesses: The Obligatory Transfer of Employees in South Africa and the United Kingdom” by Professor David Burdette, University of Pretoria, Republic of South Africa
  4. “Inter-Company Debts and Set-Off by Alastair Beveridge, Partner, Kroll Limited Deborah King, Director, Kroll Limited
  5. “Strategic Consideration for Creditors Facing a debtor in Chapter 15 Under the United States Bankruptcy” by Mr. John J Rapisardi, Partner Cadwalader, Wickersham & Taft LLP, Ingrid Bagby, Partner Cadwalader, Wickersham & Taft LLP & William Golden, an Associate Cadwalader, Wickersham & Taft LLP
  6. “Animal Figures & Alphabet Soup Understanding the Fat-tails of Asset Backed Securities” by Sebastian Miralles.
  7. “Avoidance Provision in a Local and Cross-border Context: A Comparative Overview” by Professor André Boraine, Professor of Law, University of Pretoria, South Africa
  8. “Bank Bankruptcy in Canada: A Comparative Perspective” by Associate Prof. Stephanie Ben-Ishai, Osgoode Hall Law School, York University, Toronto, Canada.
  9. “How the New PRC Enterprise Bankruptcy Law has Fared – Restructuring of A-share Listed Companies and Cross-border Implications” by Alan C W Tang, Partner and Head of Specialist Advisory Services, Grant Thornton, Hong Kong and China
  10. “Disclaiming Onerous Property in Insolvency: A Comparative Study has been kindly written by Paul Omar – Gray’s Inn Barrister, Advocate and Solicitor of the High Court of Malaya and Senior Lecturer, University of Sussex.
  11. “Review of the PRC Bankruptcy Law 2009” by Professor Li Shuguang and Wang Zoufa both from the Bankruptcy Law and Restructuring Research Centre, China University of Politics and Law.
  12. “Corporate Groups and Liability Issues in Argentina, USA and the UNCITRAL Recommendations” by Prof. Dr. Héctor José Miguens, Professor of Bankruptcy Law, Universidad Austral. School of Law, Buenos Aires, Argentina.

Case Studies

This is a new INSOL technical project where research will be carried out on major cross-border cases. The objective of each case study is to give a good insight into significant practical issues that have come up in these cases and to find out what lessons can be learned for the future. The case studies will be presented in a standard format. INSOL hopes to prepare these International cross-border cases, from each region: Americas, Asia & Pacific and Europe, Africa and the Middle East.

  • Case Study 1 posted November 2008
    Eurotunnel Plc & Eurotunnel S.A. and Associated Companies -2nd August 2006 and 15th
    January 2007
  • Case Study 2 posted January 2009
    HIH Casualty & General Insurance Ltd. & Other Companies
  • Case Study 3 posted October 2009
    Chapter 15 Proceedings of Bear Stearns High-Grade Structured Credit Strategies Master Fund
    Ltd. and Bear Stearns High-Grade Structured Credit Strategies Enhanced Leverage Master
    Fund, Ltd.
  • Case Study 4 posted April 2010
    The Cross-border Insolvency of the European Collins & Aikman Group

Global Turnaround

INSOL members receive a preferential rate for subscription to this monthly international newsletter for company rescue and insolvency specialists.

Publications

Members of INSOL receive free of charge a personally mailed copy of any publications produced
by INSOL. In the last few years this has included:

  • Global Principles for Multi-Creditor Workouts (2000)
  • Twilight Zone (2001) I, II & III
  • Consumer Debt Project (2001)
  • Employee Entitlements (March 2005)
  • Directors in the Twilight Zone II (January 2005)
  • Bank Insolvency, An International Guide for Deposit Insurers (January 2005)
  • Financing in Insolvency Proceedings (May 2006)• Credit Derivatives (2007)
  • Treatment of Secured Claims in Insolvency and Pre-Insolvency Proceedings (June 2007)
  • Claims Presentation and Resolutions: A guidance booklet – 2008
  • Directors in the Twilight Zone III – 2009
  • Tax Issues Regarding Distressed Companies and Their Creditors due in 2010

Website

The website at www.insol.org is updated regularly to give the members current information regarding INSOL International. The members-only section contains congress and judicial papers, together with articles and links to other sites.

Smaller Practitioners web site

This website is available for smaller practitioners to display their personal profiles for other practitioners to view.

www.Globalinsolvency.com

Members also have access to the global insolvency website, which is hosted by the American Bankruptcy Institute on behalf of the INSOL member associations. This is a valuable source of information for members. It provides INSOL members with a comprehensive overview of global insolvency issues.

Membership Directory

Our Membership Directory is published annually. The Directory is a focal point of reference for organisations and individuals working in the business-rescue and insolvency profession in over 60 countries throughout the world. In addition to full member listings, the directory contains:

  • Details of professional firms who work for insolvency professionals and banks both domestically and outside their home countries.
  • Details of firms who wish to be seen as international players: from specialist insolvency firms and accountants to solicitors, barristers and service-suppliers.
  • Details about INSOL and its Member Associations
  • A brief overview of the global insolvency marketplace
  • A geographical index of all members and their firms.

INSOL Secretariat

The Secretariat based at the headquarters of INSOL in London is available to help members with contacts in particular parts of the world or try to assist in providing answers on particular questions.The office can provide a base for meetings if a member is in London on business. Additionally, archive files of conference papers are held in our library for our members.