European Law on Cross-border Insolvencies: Status of French Practice After the E.U. Regulation
Written by Roland Montfort

The EC Regulation¹ on insolvency (Regulation) went into effect in May 2002 in all E.U. member states except for Denmark. The rules contained in the Regulation will have a significant impact on French practice in cross-border insolvency cases, especially in that the courts may have jurisdiction to open a main insolvency proceeding against a legal entity domiciled in the European Union.
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New Foreign Investment Law in France
Written by Roland Montfort

The vagueness and complexity of recent provisions on foreign investment in France are not suited to complex acquisition structures.
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Committee to Host Joint Meeting with Finance and Banking Committee at 2004 Annual Spring Meeting

The International Committee and Finance and Banking Committee will host a joint panel to examine the fraud and bankruptcy of Sarbanes-Oxley at the 2004 Annual Spring Meeting. The joint panel will address the practical implications of Sarbanes-Oxley for auditors, financial institutions and practitioners. The panel will explore the impact of S-O's reporting and bankruptcy provisions in the context of a chapter 11 restructuring and will address issues similar to those raised in the Trauger case pending in the N.D. Cal. (Trauger is accused of knowingly altering the electronic and hard records, workpapers, and financial statements of a financial institution now in chapter 11 while he was a partner at an international accounting firm).

The following speakers are slated for the presentation:

• Jean Fitzsimon of Bridge Associates (New York), who is also the head of the regulatory affairs committee of the ABA and has extensive experience in the general subject.


• Joe McLaughlin, who before joining Heller Ehrman (New York) was chairman of the CSFB Foundation Trust after spending several years as the Executive Vice President of Legal and Regulatory Affairs at Credit Suisse First Boston, overseeing international legal and compliance issues in 60 countries.


• Stephen Taylor, PricewaterhouseCoopers LLC (London)


• Josefina Fernandez McEvoy will serve as moderator.