There are times when an administrator has too weighty a role in settling bankruptcies. This is the message of Professor Reinout Vriesendorp's inaugural lecture on 24 June.

esearchers Strohmaier and Darouei investigate bankruptcies in the Belgian Hospitality Industry The two newly recruited doctoral researchers at the Department of Business Studies, Maral Darouei MSc and Niek Strohmaier MSc, have recently finalized an externally funded project for the research center…

This paper sheds light on how better monetary-fiscal coordination can be expected to play out across very different political-economic contexts.

Prof. Jan Adriaanse and Dr. Jean-Pierre van der Rest are currently completing an edited volume on Turnaround Management and Bankruptcy which will be published by Routledge in December 2016. A book written by leading experts in the field of business, law and finance, this edited volume brings together…

In his article ‘The Uneasy Case for Bankruptcy Legislation and Business Rescue’ professor Adriaanse gives his view on the bankruptcy legislation reform. He is not sure whether the legislation reform reduces the amount of viable businesses that fall prey to liquidation. According to him, empirical evidence…

Jessie Pool wrote about this, among other topics, in her article ‘Maatschappelijk verantwoord vereffenen: belangenpluralisme bij de maatschappelijke taakuitoefening van de curator” (Socially responsible settlement: Pluralism of interests in the social performance of the insolvency practitioner’s duties)…

The Second Chance project aims to promote recovery and re-integration of entrepreneurs who have recently undergone bankruptcy.

Below you will find the publications within the research area Distress and Insolvency.

This publication examines the issues regarding the cross-border resolution of financial institutions, focusing on the power allocation between the home and host resolution authorities, i.e. the jurisdiction rule.

In the Department of Business Sciences, three chairs are established. Together, the chair holders lead the Turnaround, Rescue & Insolvency Leiden Research Team (TRI Leiden), which consists of legal and business science researchers from Leiden Law School. TRI Leiden aims, through an international and…

Company Law provides education and research in the field of commercial and corporate law, insolvency law and International Business Law.

We offer a broad and diverse amount of courses. Below, you will find all the information about the courses offered by the Department of Business Sciences. If you click on a course, you will be redirected to the course guide.

Every year, more than three thousand businesses are declared insolvent in the Netherlands. The purpose of bankruptcy is to divide the assets of these companies among the creditors. However, the value of the claims of the creditors often exceed the value of the assets of the company

The process of unification and the character of the union are the central topics of Magnanimous Dukes and Rising States. Robert Stein mirrors continuity and modernisation in Burgundian times with the bankruptcy of the former dynasties and the decline of feudal government. The powerful towns played an…

November 2020 saw the publication of the book ‘Financial Collateral; Law and Practice’. This book was published by Oxford University Press, and edited and authored by Professor Matthias Haentjens. Other authors who contributed to the book are Anthony Zacaroli (High Court, Chancery Division), Yael Diamant…

The BLRN members have published extensively in recent years. In addition to the BLRN book series, dissertations of BLRN members published in the E.M. Meijers Institute Series, you will find below a selection of our publications. For a more complete list of publications of each BLRN member, please visit…

The price of products and services plays an enormous role in society, and therefore also in the legal domain, according to Professor of Business Studies. Inaugural lecture 2 June.

This week has seen the publication of the Research Handbook on Cross-border Bank Resolution.

The TRI Leiden Second Chance Project aims to promote recovery and re-integration of entrepreneurs who have recently undergone bankruptcy. The Project Team, Jan Adriaanse, Mark Dechesne and Jennifer van Kesteren, have been accepted to speak at the Personal Insolvency Conference themed ‘A Fresh Look at…

There are times when an insolvency practitioner has to weigh his role in administering bankrupt estates. This was the message of Professor Reinout Vriesendorp's inaugural lecture that took place on 24 June 2016. According to Statistics Netherlands, 5,271 companies were declared bankrupt in 2015.…

What is the optimal investment policy according to which a firm adapts its capacity in a competitive market?

Jacques Sevat discussed the practical and legal aspects of global collateral management: collateral management to reduce the credit risks a global bank such as ING Bank runs every day.

A lecture about the drive, dynamics and dilemmas of our central bank and supervisor. Joanne Kellerman discussed the role of DNB, the central bank in our country for already 200 years, and the dilemmas that a supervisor faces. How can be ensured that a supervisory intervention is rightly timed and that…

This book, written by two representatives of Leiden Law School, describes the framework of the European Insolvency Regulation (recast) (‘EIR Recast’), in force since June 2017.

This minor is offered by the Department of Business Studies, affiliated with the Leiden Law School. Our department employs dedicated teachers from various disciplines, such as entrepreneurship, marketing, finance, organization, strategy and the behavioral sciences.

How should jurisdictions, both on the national and on the supra-national level, handle the interaction between public and private law where it regards the regulation of financial markets?

On 11 June 2023, the International Insolvency Institute (III) announced its 2023 prizes in International Insolvency Studies during its 23rd Annual Conference in Amsterdam. Raghav Mittal from Leiden University was honoured to be a recipient of the Bronze Medal for his paper on Equity retention in SME…

Scholars and lawyers come across situations where insolvency office holders (court-appointed administrators/trustees) of insolvent/bankrupt companies chase the company’s directors, and sometimes shareholders, because the directors/shareholders did not prevent the insolvency/bankruptcy. In addition,…

The starting point for this research project is the notion that the human brain is susceptible to all kinds of fallacies and biases that affect our perceptions and influence our reasoning outside of our conscious awareness. Indeed, most people think they are merely observing facts and that they process…

TRI Leiden has worked successfully on various projects in 2015, including guidelines for Restructuring and Turnaround Professionals. But also the Business Rescue Project, which entered into the final phase, and the publication of the EU JudgeCo Principles. With our December Newsletter we look back on…

On 22 June, Professor Haentjens held a lecture at the University of Milan. He was invited to speak on the topic of the applicable law to the assignment of claims.

In this year's first issue of the Dutch insolvency law journal 'Tijdschrift voor Insolventierecht' ('TvI'), a publication is included on the appointment of an interim creditor's committee. Members of the TRI Leiden research team disuss a recent judgment of the Dutch Supreme Court on the of interim creditor's…

This newsletter provides an update on the various activities of the Turnaround, Rescue and Insolvency Leiden research team (staff members). It takes place, against many developments in Brussels. The European Commission is working on its legislative proposal on business insolvency, including early restructuring…

Jan Aarts, Leiden professor in experimental physics, has been appointed Ridder in de Orde van de Nederlandse Leeuw. He received the royal distinction from the mayor of Leiden Henri Lenferink in the Hooglandse Kerk.

ELS@Leiden research encompasses a wide range of empirical-legal projects carried out within Leiden Law School from the perspective of multiple disciplines and methods. Here you can find the publications of our (former) lab members since the start of the Sector Plan.

How did changes in the composition and exploitation of princely domains in various principalities of the Low Countries influence the development of ‘modern’ public finance systems, including the notion of public debt?

A recent publication by Niek Strohmaier, Assistant Professor of Empirical Legal Studies (ELS) Lab @Leiden, together with Professor Jan Adriaanse, Professor Kees van den Bos and Associate Professor Helen Pluut, has been accepted by the Journal of Applied Social Psychology.

On Wednesday 19 and Thursday 20 April 2023, the Foundation Bob Wessels Insolvency Law Collection (BWILC) organised its fifth PhD Workshop on European and International Insolvency Law.

‘Rembrandt was a stubborn, socially inept shopaholic.’ In his lifetime the Dutch master became embroiled in over 20 legal disputes. Emeritus Professor of Private Law Bob Wessels has written a book about Rembrandt’s legal and financial dealings.

ILS organizes monthly Lunch Seminars in which all researchers from Leiden Law School can present their research. The idea is to share in an open and accessible way what researchers from other research programs and institutes are working on. During a seminar, two or three speakers will present their…

The research group Organizational & Entrepreneurial Behavior investigates the behavior of individuals and groups who start, work in, or lead organizations, in order to inform organizational practice. By focusing on the behavior of (groups of) employees, entrepreneurs and leaders, the main levels of…

On 11 and 19 April, the International Leiden Leadership Programme students got together to participate in a Business Game: a simulation game where the participants get a business case-study they have to solve. The goal? An agreement between all stakeholders – but most importantly: to employ the different…