The very divergent insolvency rules in the EU are often mentioned as a significant obstacle to the further development of the Capital Markets Union. They deliver different outcomes across Member States, and in particular they have different degrees of efficiency in terms of the time it takes to liquidate a … See more The EU adopted in June 2024 the Restructuring and Second Chance Directive that would allow viable business in distress to be rescued and honest but bankrupt individuals to be given a second chance. Directive of … See more Efficient insolvency laws are one of the key criteria for investors to decide on whether to invest across borders. Increasing … See more Companies and individuals in the EU are increasingly extending their business activities to new EU countries. If they become insolvent, this can directly affect the proper functioning of the internal market. The Council … See more This comparative studyon substantive insolvency law throughout the EU also includes an analysis of the 2014 recommendation on a new approach to business failure and insolvency. See more WebParticipation enthousiaste du CNAJMJ au séminaire de travail de Régions de France sur la Coopération Etat-Régions au service de la détection et de…
European Commission Proposes Insolvency Law Reforms
WebMay 10, 2024 · Through the EU Directive on Restructuring and Insolvency of 20 June 2024 (EUR 2024/1023, " Directive "), the European Union has imposed an obligation on its … WebInsolvency proceedings concerning insurance undertakings, credit institutions, investment firms and other firms, institutions or undertakings covered by Directive 2001/24/EC of the European Parliament and of the Council (5) and collective investment undertakings should be excluded from the scope of this Regulation, as they are all subject to ... safety rating of cities
International Insolvency Institute
Web2 days ago · The Pay Transparency Directive aims at ensuring that the right to equal pay is upheld across the EU, by establishing pay transparency standards to empower workers to claim their right to equal pay. ... (iii) measures to address such differences if they are not justified on the basis of objective and gender-neutral criteria and (iv) a report on ... WebWhere extraordinary circumstances may prevent insolvency counselling from being performed in accordance with paragraphs 20(1) and (2) or 21(1) of this Directive, the LIT shall request to vary the delivery by completing … WebFeb 17, 2024 · On December 7, 2024, the European Commission (‘EC’) published a proposal for a directive seeking to further harmonize the insolvency legislation of the EU Member States (the ‘Proposed Directive’). The Proposed Directive primarily pursues the maximization of creditors’ recovery, focusing on, among other things: (a) so-called ‘pre ... safety rating of kushaq