Konnov & Sozanovsky contributes to insolvency study


Konnov & Sozanovsky participated in the joint research project supported by Committee J of the International Bar Association (IBA), the World Bank and Harvard University, being the most comprehensive analysis on comparative insolvency ever undertaken. The project gathered information about insolvency law and practices around the world by means of a case study.

The survey will be sent to IBA member lawyers and firms and will reach close to 100 countries. Responses will be publicized and made available to foreign and domestic investors worldwide. The book will be published jointly by Committee J of the IBA, Harvard University academics, and the World Bank. In addition, a conference will be held early next year to launch the book, and the project's main results will be included in the "Doing Business in 2003" report, a new World Bank publication that targets policy makers, investors, and international donor agencies.