Clifford Chance

Are improvements to EU insolvency law required?

19 April 2012

The European Commission has recently launched a consultation examining the current EU insolvency regime, ten years on from the introduction of the EU Insolvency Regulation (EUIR). This initiative is taking place in the context of the Commission's wider measures to promote "Justice for Growth". The consultation seeks input from stakeholders on how the EUIR is operating at present and seeks suggestions on how it can be improved. The consultation provides stakeholders with an excellent opportunity to participate and influence the development of insolvency law at an EU level.

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