[Federal Register Volume 64, Number 167 (Monday, August 30, 1999)] [Notices] [Page 47220] From the Federal Register Online via the Government Publishing Office [www.gpo.gov] [FR Doc No: 99-22444] ----------------------------------------------------------------------- DEPARTMENT OF STATE [Public Notice No. 3085] Proposed UNIDROIT Convention on International Equipment Finance and a Protocol on Aircraft Transactions; Meeting Notices AGENCY: Department of State. ACTION: Notice: Meetings on Cross-Border Insolvency. ----------------------------------------------------------------------- SUMMARY: The Study Group on Cross-Border Insolvency of the Secretary of State's Advisory Committee on Private International Law will hold two meetings, the first on September 16, 1999 in New York City and the second on November 20, 1999 in Houston, Texas. The topic will be developments in cross-border insolvency laws and procedures affecting commercial entities and proposed international initiatives. AGENDA: The agenda, subject to available time, will include a review of current developments in this field, including the status of legislation pending in Congress on procedural aspects of cross-border insolvency cases. The principle focus will be examination of possible legal approaches concerning reform of substantive as well as procedural bankruptcy laws, which could be the basis of future international efforts to prepare model legislative provisions, guidelines or even at some point a treaty system. The focus will be on reform and uses of bankruptcy law regimes as a positive factor in assisting all states, including developing countries and countries in transition, to strengthen economic systems through more effective recycling or preservation of economic assets of distressed commercial enterprises. The impacts on systemic business and financial systems will be considered. These discussions will, inter alia, assist in preparation of possible U.S. positions as various international fora, including the United Nations Commission on International trade Law (UNCITRAL) which will hold a meeting of its Working Group on Cross-Border Insolvency starting December 6, 1999. In addition, advice will be sought on insolvency issues within the context of negotiation at UNCITRAL of a draft treaty regime for accounts receivable financing, and at UNIDROIT on a draft treaty regime for international secured interests in mobile equipment. Finally, the effect of the proposed Hague Conference convention on jurisdiction, recognition and enforcement of foreign court judgments on insolvency proceedings, orders and judgments will be considered. Attendance The meetings are open to the public up to the capacity of the meeting rooms. The first meeting will be at 10:00 am-4:00 pm on September 16, 1999 at the New York City office of Goodwin, Procter & Hoar, 599 Lexington Ave., 40th floor; the second meeting will be at 10:00 am-4:00 pm on November 20, 1999 at the Houston office of Fulbright & Jaworski, 1301 McKinney St., 49th floor. Members of the public wishing to attend should contact either Cynthia Vitello at (617) 570-1445, fax 523-1231, email [email protected]., or Rosie Gonzales at (202) 776-8420, fax 776-8482 or email at [email protected]. For copies of relevant documents on the above topics, please contact Ms. Gonzales at the Department of State, Office of Legal Adviser at the above numbers. For additional information on the international organizations or processes involved, contact Harold Burman at (202) 776-8421, fax 776-8482. Harold S. Burman, Executive Director, Secretary of State's Advisory Committee on Private International Law, United States Department of State. [FR Doc. 99-22444 Filed 8-27-99; 8:45 am] BILLING CODE 4710-08-P