Virtual: Workshop on Corporate and Household Insolvency (CHI)

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Canonical URL: Virtual: Workshop on Corporate and Household Insolvency (CHI)

Target Audience:
- Public officials from the Central Bank, Bank Supervisor and Ministries of Finance, Justice, the Judiciary, Agencies Managing State-Owned Enterprises, and other public officials involved in restructuring of distressed enterprises or dealing with household debt.
Qualifications:
- Three to five years of relevant work experience, good knowledge of related legal frameworks. Advanced law degree preferred but not required.
Pre-requisites:
- NA

Presented by the IMF's Legal Department.
Comparative approach drawing on international best practices and cross-country experience from the IMF's work with 189 member countries.
Topics covered:
- Key legal aspects of the insolvency framework relevant for the Enterprise Bankruptcy Law (EBL) of China, including core issues in the liquidation and reorganization of enterprises.
- The supporting institutional system, including courts, judges, and insolvency administrators.
- Legislative reform topics, including cross-border insolvency, enterprise group insolvency, and household insolvency.
- Challenges experienced by insolvency systems worldwide because of the Covid-19 pandemic.

Upon completion of this course, participants should be able to:
- Explain the relevance of a robust legal framework to address corporate and household insolvency.
- Identify key components of an effective corporate and household insolvency regime based on international best practices and cross-country experience.
- Identify key policies, institutional arrangements, and tools that contribute to the effectiveness of insolvency regimes.