TRI LeidenTurnaround, Rescue & Insolvency


KOG LibraryTurnaround, Rescue & Insolvency Leiden (TRI Leiden) is a team consisting of legal and business scholars and master students from the Leiden Law School (Leiden University). It is directed by professors Jan Adriaanse, Jean-Pierre van der Rest, and Reinout Vriesendorp. Professor Bob Wessels is a consultant to TRI Leiden.

We study and bring into practice turnaround management, business rescue and insolvency law. With our international and multidisciplinary perspective we aim to promote both efficient and effective business rescue and insolvency proceedings, and to enhance trust in the market. Presently we work on projects commissioned by the European Commission, INSOL Europe and ELI (European Law Institute) as well as various other projects with an international scope. These projects are:

We cordially welcome your thoughts and ideas on our projects, since academic research is a continuous process and flowers by cooperation. Please find our contact details here.

The TRI Leiden Research Team



Business Rescue Report adopted by ELI

On 6 September 2017, during the General Assembly and Annual Conference of the European Law Institute (ELI), the report ‘Rescue of Business in Insolvency Law’ was presented and subsequently approved by an overwhelming majority. The Report’s ten Chapters contains recommendations on a variety of themes affected by the rescue of financially distressed businesses. In total, the Report consists of some 115 recommendations explained on more than 375 pages.

ELI General Assembly 2017: Discussing Business Rescue

The Project on the Rescue of Businesses in Insolvency Law of the European Law Institute (ELI), led by Professors Bob Wessels and Stephan Madaus, is progressing quickly. They have been working on some tangible results following — among other things — extensive reports on national and international frameworks for business rescue by (national) experts.