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Daniel Futej Daniel Grigel The Government of the Slovak Republic has decided to institute a unitary health insurance system; this comes in the wake of its approval on 31 October 2012 of the Project for Instituting a Unitary Health Insurance System (the Project). In Slovakia today, there are two private health insurance companies operating in the public health insurance system to be affected by the envisaged system change, along with one other state health insurance company. The Project compares the various options for instituting a unitary health insurance system, and describes the procedure for the voluntary buyout of the shares of private health insurance companies, as well as procedures in the event of expropriation of those shares. These will be laid down in detail in the accompanying act, which is expected to come into force on May 1 2013.

Dr Daniel Staehelin is president of INSOL Europe, a pan-European professional association for restructuring and insolvency specialists. He works as an attorney and notary public at Kellerhals Anwälte Attorneys at Law and is an honorary professor at the University of Basel in Switzerland. He sat down with IFLR to share his thoughts on the state of cross-border insolvency proceedings in Europe

Gordon Stewart is president of INSOL International (2011-2013), and a partner and head of the global restructuring group at Allen & Overy in London. He has also served as INSOL vice-president, sat on its board, and acted as the first lawyer president of the Association of Business Recovery Professionals (R3).

Anita Krizmanic, Ivana Manovelo and Jelena Zjacic of Macesic & Partners explore Croatia’s evolving framework for dealing with struggling companies

Elias Neocleous and Maria Kyriacou of Andreas Neocleous & Co explain why Cyprus’s corporate insolvency regime may, despite its age, offer an attractive legal framework for restructuring

Lauri Peltola and Timo Lehtimäki of Waselius & Wist explain the insolvency options in Finland

Arthur Braun and David Vosol of bpv Braun Partners provide a comprehensive practical guide to insolvency in the Czech Republic

Some innovative reforms have created new possibilities – and flexibility – for Italian companies in distress. Chiomenti Studio Legale’s Carmelo Raimondo and Marco Pagani disucss the new rules for pre-insolvency creditor arrangements

Alexander Vogel, Wolfgang Muller and Debora Durrer-Kern of Meyerlustenberger Lachenal explore the restructuring options available to Swiss companies in times of difficulty

Daniel Futej and Daniel Grigel explain the practicalities of bankruptcy and restructuring in Slovakia