Walkabout Down Under: NLS Academic Visits Australia

Walkabout Down Under: NLS Academic Visits Australia

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Professor David Burdette, Director of the Centre for Business and Insolvency Law (CBIL) at the Nottingham Law School, recently paid a visit to academic institutions and collaborative partners in Australia, including the Queensland University of Technology (QUT) (Brisbane) and the University of New South Wales (Sydney). Professor Burdette also had discussions with staff from the University of Adelaide and Flinders University in Adelaide.

While at QUT on 4 August, Professor Burdette gave a talk at an event hosted by the Commercial and Property Law Research Centre (CPLRC) based at the Law School there, where he is also an Associate Member. The talk outlined a new global research project being led by Professor Burdette into the regulation of insolvency office-holders.

The work for the project will be carried out by a consortium of four centres, based at universities around the world, including the CBIL, the CPLRC, the Business and Law Research Centre, Radboud University Nijmegen, and the Centre for Advanced Corporate and Insolvency Law, University of Pretoria.

At the talk, Professor Burdette detailed the intention behind the project, which will be to study the framework for insolvency office-holder regulation in countries at very different stages of development, including developed, emerging market and developing countries across the world. Attention will be focused on obtaining a global view across all major regions of the globe, including the Asia / Pacific Rim, Africa and the Middle East, Europe as well as the Americas.

Professor Burdette discussed the importance of the project for global business and international trade and the interest being shown in it by global practitioner bodies and international institutions. Developing the project further, he also discussed some of the challenges work on a global scale presents as well as some of the planned outcomes, which may include possible templates for regulation for countries at varying stages of progress.

The talk was well received, with notable attendees including Michael Murray, a CPLRC Visiting Fellow and Legal Director of ARITA (Australian Restructuring Insolvency and Turnaround Association) as well as academics researching in the area of insolvency law at QUT, Griffith University and the University of Queensland. Representatives of the Australian Securities and Investments Commission (the national insolvency regulator) and the Australian Financial Security Authority were also present.

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