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The European Insolvency Practitioners Association (EIP) re-elected PLUTA managing partner Mr Ivo-Meinert Willrodt as its president as part of its board elections at this year’s general meeting. He has been in office since the beginning of 2022 and will continue to lead EIP’s activities for the next two years. Mr Willrodt, a specialist attorney for insolvency and restructuring law with more than 20 years of experience, has been a member of the EIP Executive Committee since 2018.
Mr Willrodt has handled around 500 corporate insolvency cases to date, including proceedings for windeln.de as insolvency administrator and for Sono Motors as insolvency monitor. He is a member of INSOL International, INSOL Europe and the American Bankruptcy Institute (ABI). At PLUTA, the restructuring expert is responsible for coordinating the company’s international activities within BTG Global Advisory, a network of independent insolvency administration and restructuring firms.
PLUTA partner Mr Willrodt said, “I am delighted to be re-elected president and receive our members’ trust. Our most important goal is to forge ahead with insolvency law harmonisation in Europe and promote the implementation of the relevant European directive. We are of the view that introducing proceedings without an administrator would disadvantage creditors in many ways. Insolvency administrators play an important role in rescuing crisis-stricken companies and in organising the circular flow of income as objective actors. Going forward, we will continue to emphasise the importance of our work.”
EIP Vice President Ms Béatrice Dunogué-Gaffié, an experienced insolvency administrator from France with two decades of professional experience, was also confirmed in her position. The EIP Board includes experienced attorneys from various European countries, such as Mr Daniel Fritz (Dentons), Dr Robert Hänel (Anchor) and Mr Axel W. Bierbach (Müller-Heydenreich Bierbach & Kollegen).
EIP, founded in 2016 as an independent association based in Brussels, has some 5,000 individual members and works in 12 European countries to promote restructuring and insolvency proceedings and improve their efficiency.