selection

COMI

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Reform of the EU Insolvency Regulation

The Commission’s proposal to amend the Insolvency Regulation addresses many of the issues identified as problematic in a 2011 resolution of Parliament, in particular group insolvency, but does not go as far as harmonising national rules. Background The Regulation on insolvency proceedings, applicable since 2002 to all Member States (MS) except for Denmark, lays down … Continue reading

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