International Insolvency Regimes at a Crossroads: Choosing a Direction for Insolvency Law Reform

Level: Advanced
Runtime: 55 minutes
Recorded Date: December 01, 2017
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  • The Problem
  • The Response
  • Bankruptcy Reform
  • An Offshore Perspectives
Runtime: 55 minutes
Recorded: December 1, 2017


In recent years, multiple jurisdictions have reformed or modernized their insolvency laws, either through incremental amendments or by entirely replacing the legislation. In this session, practitioners from various jurisdictions discuss what motivated the decisions to amend their insolvency laws — and how the process unfolded in practice.

This program was recorded on December 1st, 2017.

Provided By

American Bankruptcy Institute


Victor A. Vilaplana

Of Counsel
Foley & Lardner LLP

Victor A. Vilaplana is of counsel and a business reorganization attorney with Foley & Lardner LLP. Mr. Vilaplana focuses his practice on the handling of insolvency matters, particularly complicated business bankruptcies and international transactions. His experience includes representing businesses in multiple fields, from medical device companies to agricultural producers in Chapter 11 cases. Mr. Vilaplana is a member of the firm’s Bankruptcy & Business Reorganizations, International, and Latin America Practices and Automotive Industry Team.

Prior to joining Foley, Mr. Vilaplana was a shareholder of Seltzer Caplan McMahon Vitek and a managing partner of the San Diego office of Sheppard, Mullin, Richter & Hampton.

Rebecca Hume

Kobre & Kim LLP

Rebecca Hume handles international judgment enforcement, fraud and asset tracing, insolvency litigation, complex commercial disputes with particular emphasis on hedge funds, and joint venture and partnership disputes.

Her practice covers both offshore and onshore regions, and she represents shareholders and other stakeholders in both solvent and insolvent liquidations. She also regularly represents clients in high-stakes shareholder disputes including dissenters' rights matters.

Ms. Hume represents interests in the Cayman Islands and the UK in disputes related to the financial services and insurance industries, among others. Working frequently with onshore co-counsel, particularly in the United States, Ms. Hume strategizes to find creative, multijurisdictional solutions to recover assets for clients who include trustees, investors, creditors, managers, and independent directors of distressed investment funds. She also advocates for financial institutions and governments.

Global Arbitration Review recognized Ms. Hume as a leading lawyer in asset recovery, describing her as a “dedicated professional” for her work in the Cayman Islands.

Sumant Batra

Managing Partner
Kesar Dass B & Associates

Sumant Batra is a managing partner of Kesar Dass B. & Associates in New Delhi, India, and heads its insolvency and secured transactions practice. His areas of specialization are policy and regulatory advice, corporate insolvency and restructuring, foreign direct investment advisory, corporate and commercial transactions, debt recovery, private equity, real estate and corporate governance policy and compliance. Mr. Batra is president of the Society of Insolvency Practitioners of India, chief mentor to INSOL India and a past president of INSOL International, chairman of the ASSOCHAM National Council of Insolvency and Bankruptcy, member of the board of governors of the the Indian Institute of Corporate Affairs of the Indian Government’s Ministry of Corporate Affairs, senior international consultant to the International Monetary Fund and the World Bank Group, and senior international consultant to the Organisation for Economic Cooperation and Development in Paris. He is rated as India’s No. 1 insolvency lawyer by Legal 500 and is a frequent speaker and writer.

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