selection

insolvency

This tag is associated with 3 posts

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

Legal Initiatives for Business & Growth in the EU – In Focus

Developing strategies to foster economic growth, with a particular emphasis on SMEs, is one of the EU’s key priorities. In this thematic week we focus on legal initiatives currently on the table to aid business and economic growth in Europe. Streamlining legal rules regarding businesses activity Business law is the legal backbone of economic activity. … Continue reading

Cross-border insolvency law in the EU

Insolvency law concerns the balancing of several potentially conflicting interests: those of the creditors of an insolvent company, its shareholders and its customers, as well as the general economic interest in avoiding the winding down of companies which are still potentially viable. Currently, insolvency law is not harmonised at EU level. However, the Insolvency Regulation … Continue reading

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