The regional conference

On May 24 and 25, 2023 the BRIPA with the support of the USAID and the CLDP held a regional conference "Challenges of Modern Insolvency Law". The conference was attended by representatives of the Government of Georgia; Insolvency Practitioners from Georgia, Germany, Armenia, Azerbaijan, and Turkey; Judges from Georgia, the USA, and Germany; Academics from the UK, Germany, and Spain. Secretary General of UNIDROT, Professor Ignacio Tirado, was invited to the conference as a guest of honor. Conference participants shared their experiences, and talked about the challenges of insolvency law and different approaches to overcoming these challenges. The following topics were discussed during various panel discussions at the conference: A brief overview of the formation and implementation of the insolvency law of each represented country, the challenges in practice, the public's attitude towards the law, and the rate of court referral; Insolvency law as a second chance for micro, small, and medium businesses; The role of courts and practitioners in developing a successful practice of insolvency law; Finding Digital Assets in Insolvency Regime and 'UNIDROT' Principles in Private Legal Relationships Regarding Digital Assets;