Irit Mevorach
Professor of International Commercial Law
Company Law; Insolvency Law; Cross-Border Insolvency; Private International Law; Bank Resolution; International Commercial Law; Corporate Groups; SMEs
School of Law
B1.13, Social Sciences Building
University of Warwick
Coventry CV4 7AL
United Kingdom
024 765 74564
Irit is interested primarily in the intersections of company, insolvency, and private international laws. Her research programme focuses on the array of business sizes from the micro and small to the large, cross border, groups, and financial institutions. Through doctrinal, comparative, empirical, intra-disciplinary, and trans-disciplinary work, Irit seeks to identify weaknesses and capacity gaps and understand decision making processes that can assist in making optimal policy choices and promote global cooperation in international commercial law especially creditor-debtor systems and insolvency. A recent research project with a transnational team of collaborators, funded by the International Insolvency Institute, investigated gaps in the global financial architecture and identified the rationales and key features of an international instrument for distressed banks and financial institutions. Irit's publications can be found here.
Irit Mevorach is a Professor of International Commercial Law. Before joining Warwick, Irit held a Chair at the University of Nottingham and was the founder and co-Director of the University of Nottingham Commercial Law Centre. Irit holds LLB and LLM degrees from Tel-Aviv University, and a PhD (UCL, London 2006). Between 1998-2003, she practised law at Lipa Meir & Co (Tel-Aviv, Israel). Since 2006, Irit has been acting as an expert adviser to the UK government's delegation to UNCITRAL. In 2013, Irit was appointed Senior Counsel to the World Bank and headed the Bank's Global Initiative on Insolvency and Creditor/Debtor Regimes (2013-2015). In that capacity, she advised governments of some ten countries on reform of business and personal insolvency and creditor/debtor systems and headed the Bank's Global Task Force on Insolvency and Creditor Rights. Irit was awarded British Academy grants for her empirical and comparative research in the area of cross-border insolvency, and her academic and policy work has influenced law reform in Europe and globally. She was elected to the International Insolvency Institute (III) membership in 2012, she was the co-Chair of the III academic wing between 2020-2023, and she is currently a board member of the III. She has been elected to the American College of Bankruptcy (international fellow, from 2019), is a member of INSOL, ILA, CERIL, the IEEI, and the World Bank Task Force on Creditor-Debtor Regimes and Insolvency. Irit is on the Editorial Board of the Global Restructuring Review and the Spanish Journal of Insolvency and Restructuring, the International Advisory Council of the Singapore Global Restructuring Initiative (SGRI), the advisory board of the UNIDROIT-Queen Mary Institute of Transnational Commercial Law, she is co-Chair of subgroup III of UNIDROIT Working Group on Bank Liquidation, the UK Correspondent, Case Law on UNCITRAL Texts, and was appointed from 2020 to the Lord Chancellor's Committee on Private International Law.
- Sarra, Janis, Madaus, Stephan, Mevorach, Irit, 2023. Chasing assets abroad : ideas for more effective asset tracing and recovery in cross?border insolvency. International Insolvency Review, 32 (2), pp. 253-288
- Mevorach, Irit, 2023. ZK v BMA (CJEU Case C-498/20) ? Fine borderlines between the private international law of companies, tort, and insolvency. R.D.C.-T.B.H, 2023 (1), pp. 113-116
- Kokorin, Ilya, Madaus, Stephan, Mevorach, Irit, 2022. Global competition in cross-border restructuring and recognition of centralized group solutions. Texas International Law Journal, 56 (2), pp. 109-154
- Mevorach, Irit, 2021. Overlapping international instruments for enforcement of insolvency judgments : undermining or strengthening universalism?. European Business Organization Law Review, 22 (2), pp. 283-315
- Mevorach, Irit, Walters, Adrian, 2020. The characterization of pre-insolvency proceedings in private international law. European Business Organization Law Review, 21 (4), pp. 855-894
- Mevorach, Irit, 2019. A fresh view on the hard/soft law divide : implications for international insolvency of enterprise groups. Michigan Journal of International Law, 40 (3), pp. 505-530
- Mevorach, Irit, 2019. Prospects for an international bankruptcy court : my conversations with Ian Fletcher. Insolvency Intelligence, 32 (1), pp. 16-20
- Mevorach, Irit, 2018. Modified universalism as customary international law. Texas Law Review, 96, pp. 1403-1436
- Mevorach, Irit, 2015. Beyond the search for certainty : addressing the cross-border resolution gap. Brooklyn Journal of Corporate, Financial & Commercial Law, 10 (1)
- Mevorach, Irit, 2014. Cross-border insolvency of enterprise groups : the choice of law challenge. Brooklyn Journal of Corporate, Financial and Commercial Law, 9 (1)
- Mevorach, Irit, 2013. The role of enterprise principles in shaping management duties at times of crisis. European Business Organization Law Review, 14 (4), pp. 471-496
- Mevorach, Irit, 2013. Forum shopping in times of crisis : a Directors? duties perspective. European Company and Financial Law Review, 10 (4)
- Mevorach, Irit, 2012. INSOL Europe's proposals on groups of companies (in cross-border insolvency) : a critical appraisal. International Insolvency Review, 21 (3), pp. 183-197
- Mevorach, Irit, 2011. On the road to universalism : a comparative and empirical study of the UNCITRAL Model Law on Cross-Border Insolvency. European Business Organization Law Review, 12 (4), pp. 517-557
- Mevorach, Irit, 2011. European insolvency law in a global context. Journal of Business Law
- Mevorach, Irit, 2011. Transaction avoidance in bankruptcy of corporate groups. European Company and Financial Law Review, 8 (2)
- Mevorach, Irit, 2010. Jurisdiction in insolvency : a study of European courts' decisions. Journal of Private International Law, 6 (2), pp. 327-357
- Mevorach, Irit, 2010. Towards a consensus on the treatment of multinational enterprise groups in insolvency. Cardozo International & Comparative Law Review, pp. 359-424
- Mevorach, Irit, 2008. The 'home country' of a multinational enterprise group facing insolvency. International and Comparative Law Quarterly, 57 (2), pp. 427-448
- Mevorach, Irit, 2007. Appropriate treatment of corporate groups in insolvency : a universal view. European Business Organization Law Review, 8 (2), pp. 179-194
- Mevorach, Irit, 2006. The road to a suitable and comprehensive global approach to insolvencies within multinational corporate groups. Norton Journal of Bankruptcy Law and Practice, 15 (5), pp. 455-564
- Mevorach, Irit, 2006. Centralising insolvencies of pan-European corporate groups : a creditor's dream or nightmare?. Journal of Business Law
- Uttamchandani, Mahesh, Harmer, Ronald, Cooper, Neil, Mevorach, Irit, 2005. Caveat emptor : what consumers of insolvency law regimes need to know. International Insolvency Review, 14 (3), pp. 187-199
- Davis, Ronald, Madaus, Stephan, Marcucci, Monica, Mevorach, Irit, Mokal, Riz, Romaine, Barbara, Sarra, Janis, Tirado, Ignacio, 2023. Financial institutions in distress : recovery, resolution, recognition.
- Mevorach, Irit, 2023. Insolvency standards and cooperation in cross-border insolvency : the role of UNCITRAL. In Gulati, Rishi; John, Thomas; Koehler, Ben (eds.), The Elgar Companion to UNCITRAL, Edward Elgar, pp. 410-427
- Mevorach, Irit, 2023. Insolvency standards, model laws, and cooperation in cross-border insolvency : the role and impact of UNCITRAL's instruments. In Gulati, Rishi; Thomas, John; Köhler, Ben (eds.), The Elgar Companion to UNCITRAL, Edward Elgar, pp. 410-427
- Mokal, Riz, Davis, Ronald, Mazzoni, Alberto, Mevorach, Irit, Romaine, Madam Justice Barbara, Sarra, Janis, Tirado, Ignacio, Madaus, Stephan, 2018. Micro, small, and medium enterprise insolvency : a modular approach.
- Mevorach, Irit, 2018. The future of cross-border insolvency : overcoming biases and closing gaps.
- Mevorach, Irit, 2018. Insolvency of corporate groups under the new insolvency regulation : progress or reason for concern?. Hess, Burkhard; Oberhammer, Paul; Bariatti, Stefania; Koller, Christian; Laukemann, Björn; Isidro, Marta Requejo; Villata, Francesca Clara (eds.), The Implementation of the New Insolvency Regulation: Improving Cooperation and Mutual Trust, Bloomsbury Publishing
- Mevorach, Irit, 2013. Is the future bright for enterprise groups in insolvency? an analysis of UNCITRAL's new recommendations. In Omar, Paul (ed.), International Insolvency Law: Reforms and Challenges, Taylor and Francis Group, pp. 363-385
- Mevorach, Irit, 2009. Insolvency within multinational enterprise groups.
- Mevorach, Irit, 2019. Guest editorial. International Insolvency Review, Wiley, pp. 3-4
A Symposium on Financial Institutions in Distress Recovery, Resolution, Recognition
Co-hosted by: the International Insolvency Institute, UNIDROIT, University of British Columbia Law Faculty, Warwick Law School, Istituto per la Vigilanza sulle Assicurazioni (IVASS), UNIDROIT-Queen Mary Institute of Transnational Commercial Law
This Symposium would discuss the timely topic of financial institutions in distress, and consider its relevance to the wide range of financial institution types, sizes, and structures. It will also discuss new ideas for creating an international framework for cross-border resolution in the form of a model law, explored in the project ‘A Framework for Cross-Border Resolution of Financial Institutions’ funded by the III’ and analysed in detail in the new book Financial Institutions in Distress: Recovery, Resolution, Recognition (Oxford University Press 2023). It will be an opportunity to debate key issues, including the importance of a coherent framework, not just for systemically important banks, the path to a model law (and obstacles in this respect), and the importance of clear safeguards. The Symposium will be held at UNIDROIT on 20 October 2023.
Transnational project on cross-border bank resolution
A Framework for Cross-Border Resolution o Financial Institutions (with Ronald Davis, Stephan Madaus, Monica Marccuci, Riz Mokal, Justice Barbara Romaine, Janis Sarra, Ignacio Tirado) (2018-2023)
Funded by the International Insolvency Institute
Since 2006, Irit has been acting as an expert adviser to the UK government's delegation to the United Nations Commission on International Trade Law (UNCITRAL) and in 2013-2016 she represented the World Bank at the Commission, in deliberations in the areas of insolvency and cross-border insolvency. In that capacity she has influenced international policy and reform in the areas of insolvency, cross-border insolvency, and the intersection of company and insolvency law, including the development of the following international instruments:
UNCITRAL Model Law on Enterprise Group Insolvency with Guide to Enactment (2019)
UNCITRAL Model Law on Recognition and Enforcement of Insolvency-Related Judgments with Guide to Enactment (2018)
Guide to Enactment and Interpretation (2013) of UNCITRAL Model Law on Cross-Border Insolvency (1997)
UNCITRAL Legislative Guide on Insolvency Law, Part three: Treatment of enterprise groups in involvency (2010)
Part four: Directors' obligations in the period approaching insolvency (including in enterprise groups) (2019)
Part five: Insolvency law for micro- and small enterprises (2021)
Since 2006, Irit has been acting as an expert adviser to the UK government's delegation to the United Nations Commission on International Trade Law (UNCITRAL) and in 2013-2016 she represented the World Bank at the Commission, in deliberations in the areas of insolvency and cross-border insolvency. In that capacity she has influenced international reform in the areas of insolvency, cross-border insolvency, and the intersection of company and insolvency law. In 2013, Irit was appointed Senior Counsel to the World Bank and headed the Bank's Global Initiative on Insolvency and Creditor/Debtor Regimes (2013-2015). In that capacity, she advised governments of some ten countries in Africa, Asia, Europe, and the Caribbean on reform of business and personal insolvency and creditor/debtor systems. She also headed the Bank's Global Task Force on Insolvency and Creditor Rights. Irit has retained a consultancy with the World Bank and continued to provide training and advice in projects involving emerging markets.
From 2018 Irit is the UK Correspondent, Case Law on UNCITRAL Texts (CLOUT)
From 2020 Irit is co-Chair of UNIDROIT sub-group III and member of the Working Group on Bank Liquidation
From 2020 Irit is a member of the Ministry of Justice Private International Law Committee
In 2020 Irit was appointed to UK Office for Science Covid-19 Recovery Trade and Aid Working Group which synthesized evidence against research questions that departments should consider in the medium to long term recovery from the COVID-19 emergency. UK Office for Science, Covid-19 Recovery Trade and Aid Working Group (2020), Final Report, Rebuilding a Resilient Britain: Trade and Aid https://www.upen.ac.uk/go_science/RRB9_TradeAid.pdf
2021-2022 Cape Town Convention, advisory (“coffee table”) group assisting in amendments of the Convention’s Official Commentary
Irit has given various professional courses on insolvency and international insolvency including as consultant to INSOL EUROPE (in Romania, Cyprus) and through the International Insolvency Institute (in India).
UNIDROIT Working Group on Bank Insolvency, co-Chair of subgroup III (2020- present)
UNCITRAL Working Group V (Insolvency Law): advisor to UK delegation (2006-present); World Bank representative (2013-2015); Expert Group member (2013- present); UK Correspondent, Case Law on UNCITRAL Texts (CLOUT) (2018-present).
World Bank: Senior Counsel, Head of Insolvency and Creditor-Debtor regime initiative and Head of World Bank insolvency global task force (2013-2015)
Consultant (2015- present). Author and co-author of World Bank Reports on the Observance of Standards and Codes (2013-2015)
FSB (Financial Stability Board) Resolution Legal Expert Group, World Bank expert advisor (2014-2015)
European Bank for Reconstruction and Development, Consultant (2004)
I welcome enquiries from prospective PhD supervisees. However, please ensure that you have a research proposal which corresponds with the University of Warwick School of Law requirements.