The size and complexity of bankruptcy filings impact businesses around the globe in today's financial climate. It is essential that a general understanding of the intricate insolvency laws exist to protect TerraLex members' clients. The Insolvency/Bankruptcy Group has focused its efforts on exchanging information on bankruptcy, insolvency and creditor's rights issues in jurisdictions represented by its members and in cross border insolvency cases. In a practice area in which both speed and local expertise can be crucial to success, the Group's membership list has proved to be an invaluable tool in obtaining prompt and knowledgeable assistance.