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A Guide to Consumer Insolvency Proceedings in Europe

A Guide to Consumer Insolvency Proceedings in Europe PDF Author: Thomas Kadner Graziano
Publisher: Edward Elgar Publishing
ISBN: 1788975650
Category : Law
Languages : en
Pages : 1266

Book Description
Since the adoption of the EU Regulation on Insolvency Proceedings in 2000 and its recast in 2015, it has become clear that lawyers engaged in consumer insolvency proceedings are increasingly expected to have a basic understanding of foreign insolvency proceedings, as well as knowledge of the foreign country's court and legal system, legislation and judicial practice. Written by 50 highly qualified insolvency experts from 30 European countries, A Guide to Consumer Insolvency Proceedings in Europe provides the necessary information in the largest, most up-to-date and comprehensive book on this topic. Assisting the readers in their navigation through the differences, similarities, and peculiarities of insolvency proceedings in all Member States of the European Union, Switzerland and Russia, this book is a unique guide to insolvency proceedings across Europe. With contributions by both academics and practitioners, it provides truly multinational coverage of the economic, legal, social, political, and demographic issues in consumer insolvency. Illustrating the numerous practices across Europe, this book allows the reader to evaluate each aspect both on its own merits, as well as in comparison to the approaches applied in other European jurisdictions. This book will be an invaluable tool for insolvency practitioners, judges, lawyers, creditors and debtors throughout Europe, especially those participating in cross-border proceedings.

A Guide to Consumer Insolvency Proceedings in Europe

A Guide to Consumer Insolvency Proceedings in Europe PDF Author: Thomas Kadner Graziano
Publisher: Edward Elgar Publishing
ISBN: 1788975650
Category : Law
Languages : en
Pages : 1266

Book Description
Since the adoption of the EU Regulation on Insolvency Proceedings in 2000 and its recast in 2015, it has become clear that lawyers engaged in consumer insolvency proceedings are increasingly expected to have a basic understanding of foreign insolvency proceedings, as well as knowledge of the foreign country's court and legal system, legislation and judicial practice. Written by 50 highly qualified insolvency experts from 30 European countries, A Guide to Consumer Insolvency Proceedings in Europe provides the necessary information in the largest, most up-to-date and comprehensive book on this topic. Assisting the readers in their navigation through the differences, similarities, and peculiarities of insolvency proceedings in all Member States of the European Union, Switzerland and Russia, this book is a unique guide to insolvency proceedings across Europe. With contributions by both academics and practitioners, it provides truly multinational coverage of the economic, legal, social, political, and demographic issues in consumer insolvency. Illustrating the numerous practices across Europe, this book allows the reader to evaluate each aspect both on its own merits, as well as in comparison to the approaches applied in other European jurisdictions. This book will be an invaluable tool for insolvency practitioners, judges, lawyers, creditors and debtors throughout Europe, especially those participating in cross-border proceedings.

European Insolvency Proceedings

European Insolvency Proceedings PDF Author: Patryk Filipiak
Publisher: Kluwer Law International B.V.
ISBN: 9403534117
Category : Law
Languages : en
Pages : 632

Book Description
In the European Union, the effectiveness of judicial protection granted to a business or consumer in crisis depends on the extent and manner in which court rulings in bankruptcy and restructuring cases are recognised in all Member States. This article-by-article commentary on Regulation (EU) 2015/848 provides expert guidance through the entire course of insolvency proceedings, clearly showing how to solve specific problems that arise in insolvency cases with a cross-border element, including aspects such as jurisdiction, applicable law, recognition and enforceability of judgments and coordination of group of companies’ insolvencies. For any party instituting an insolvency proceeding in an EU Member State, the commentary provides such detailed guidance as the following: identifying the appropriate internationally competent court for filing; terms pursuant to which a judgment can be recognised; duties of an insolvency practitioner (IP); IP’s authority in the territory of another state; IP’s obligations towards creditors in another state; rights of foreign creditors; admissibility of conducting secondary insolvency proceedings; conducting simultaneous insolvency proceedings against the same debtor; permissible forms of contact and cooperation between judges and parties to the proceedings; and conducting proceedings involving a group of companies. An important feature of the commentary highlights the standpoints of lawyers from Central and Eastern Europe, where the commercial judiciary operates in a distinctly different way from that in countries with a well-established market economy system. Interpretation of provisions of the Regulation by lawyers from this part of Europe enhances the scope of legal argument both in the economic sphere and in the sphere of justice. With its detailed and in-depth description of international jurisdiction, recognition, and universal and territorial effects of insolvency proceedings, this practical book will be welcomed by counsel to business persons conducting international activity, trustees in bankruptcy, tax advisers, court enforcement officers, academics dealing with insolvency law, banks dealing with the collection of receivables, and debt collection companies. In addition, as a contribution to the debate on the optimal model for the international consequences of insolvency proceedings, its discussion of issues related to national jurisdiction, bankruptcy and restructuring of groups of companies, and international judicial cooperation will be particularly valuable for researchers.

European Cross-border Insolvency

European Cross-border Insolvency PDF Author:
Publisher:
ISBN:
Category : Bankruptcy
Languages : en
Pages : 21

Book Description


The European Insolvency Regulation

The European Insolvency Regulation PDF Author: Miguel Virgos
Publisher: Kluwer Law International B.V.
ISBN: 9041120890
Category : Law
Languages : en
Pages : 274

Book Description
After many years of negotiations among Member States, a uniform set of private international law rules has been established to determine the conduct of cross-border insolvency proceedings within the European Community. This is the European Insolvency Regulation of May 2000. Although each state still retains its own insolvency law, the regulation greatly reduces the risk of opportunistic behaviour by providing certainty as to which European courts have jurisdiction to open insolvency proceedings and which state?s laws apply, in addition to ensuring the cross-border effectiveness within the EU of the decisions handed down by those courts. This in-depth commentary offers practitioners in international business transactions and litigation a definitive guide to the workings of the Insolvency Regulation. The authors?one of whom co-wrote the official explanatory report on the 1995 Convention on Insolvency Proceedings, a report that still plays a fundamental hermeneutic role?leave no stone unturned in their probing analysis, which explains in detail such elements as the following: relationship with other community legal instruments and international conventions; territorial scope; substantive scope; third-party rights in rem and reservation of title; set-off; contracts relating to immovable property; employment contracts and relationships; payment systems and financial markets; community patents and trademarks; publication and registration; lodgement of claims; and special considerations affecting credit institutions and insurance undertakings. Company lawyers handling insolvency cases and issues will find nothing comparable to this expert work. Its direct practical usefulness is immediately apparent. In addition, however, it stands out as a preeminent work on a critical and hard-won legal instrument (and by extension on the entire field of European insolvency law) and as such is an essential resource for jurists and legal academics.

The European Restructuring Directive

The European Restructuring Directive PDF Author: Gerard McCormack
Publisher: Edward Elgar Publishing
ISBN: 1789908817
Category : Law
Languages : en
Pages : 319

Book Description
This comprehensive book provides a clear analysis of the European Restructuring Directive, which aims to improve national frameworks governing business restructuring and insolvency as well as to provide debt relief for individuals. Gerard McCormack explores the key aspects of the Directive including the moratorium on litigation and enforcement claims against the financially-troubled business, the provision for new financing, the division of creditors into classes, the introduction of a restructuring plan and the rules for approval of the plan by a court or administrative authority.

Guide to Insolvency in Europe

Guide to Insolvency in Europe PDF Author: Anthony R. Houghton
Publisher:
ISBN: 9780863253225
Category : Bankruptcy
Languages : en
Pages : 417

Book Description
This text is intended as a basic guide to personal and corporate insolvency law, practice and procedure in the 12 EC Member States and six other European countries. The contents of each national chapter are marshalled in consistent format into seven sections covering type of business entity, reoganization procedures, terminal procedures, types of security and enforcement, debt collection procedures, sources of law and sources of information.

The EC Regulation on Insolvency Proceedings

The EC Regulation on Insolvency Proceedings PDF Author: Gabriel Moss
Publisher: Oxford University Press, USA
ISBN: 9780199251094
Category : Bankruptcy
Languages : en
Pages : 0

Book Description
This major new practitioner work provides a complete analysis of the EC Council Regulation on Insolvency Proceedings, which takes direct effect in Member States without need for national legislation. The Regulation has a considerable impact upon insolvency proceedings throughout the EU, and isalso of major significance to parties based outside the EU which have any kind of credit-based relationship with parties operating within the EU, or which have property interests located inside the EU. The book contains a series of topic-based narrative chapters, followed by a detailedarticle-by-article commentary on the Regulation itself, with cross-references to the preceding chapters. It is written by a small team of top specialists, including the three editors, and also draws upon the comments of a team of consultant experts across Europe. It will have international appeal toall law firms, libraries and institutions with a specialism in corporate or commercial law.

European Cross Border Insolvency

European Cross Border Insolvency PDF Author: Jennifer Marshall
Publisher:
ISBN: 9780421881600
Category : Bankruptcy
Languages : en
Pages :

Book Description
It is increasingly common for commercial insolvencies to involve more than one jurisdiction and the EC Regulation on Insolvency Proceedings now provides a framework within which the different insolvency regimes in the EU can interact. This new looseleaf provides a practical guide to European cross-border insolvency procedures in each European country. Taking a country-by-country approach, each section conforms to a standard template allowing easy access to information and quick comparisons between jurisdictions. * Only publication available covering the practical aspects of cross-border insolvencies following introduction of the EC Regulation * Considers the insolvency laws of each Member State showing how procedures work in each country * Analyses all case law since the introduction of the Regulation * Regular releases keep practitioners up-to-date with developments in all EU countries * Supplies at a glance guidance in a series of summary tables which can be further explored in the relevant section * Written by a team from Allen & Overy LLP, the leading firm in the area of insolvency

European Union Regulation on Insolvency Proceedings

European Union Regulation on Insolvency Proceedings PDF Author: BOB. WESSELS
Publisher:
ISBN: 9781944516376
Category :
Languages : en
Pages : 263

Book Description


European Cross-border Insolvency Regulation

European Cross-border Insolvency Regulation PDF Author: Jona Israël
Publisher: Intersentia nv
ISBN: 9050954987
Category : Bankruptcy
Languages : en
Pages : 404

Book Description
This book presents a comprehensive analysis of the regulation of cross-border insolvencies in Europe. Council Regulation 1346/2000 on Insolvency Proceedings forms the natural focal point of such a study. However, while this book explores in detail the background, legal basis as well as the substance of the Regulation, it also contains an examination of the Regulation from two wider perspectives: that of international cross-border insolvency regulation and Community law. The approach adopted by the Regulation to the problems raised by cross-border insolvency forms part of a paradigmatic shift at the global level. The 'struggle over jurisdiction' - the natural state of affairs under the old principles of 'universality & territoriality' - is increasingly being replaced by co-operation between the jurisdictions involved. The Regulation must be understood against the backdrop of these new cooperative approaches, including the UNCITRAL Model Law and ancillary proceedings. Doing so, this book argues that the co-operative framework of the Regulation is limited and may ultimately not suffice to realise the efficient and effective cross-border proceedings it is aiming for. Although the Regulation is an exponent of this global shift towards cooperation, the legal context in which it operates is nevertheless very different. Community law, as an autonomous legal order, has limited the private international law autonomy of Member States and generated a comitas Europaea. This book argues that Community law and its comitas must be taken seriously. They are an important source of principles to guide courts in the interpretation and application of the Regulation and may reinforce and expand the co-operative mechanisms of the Regulation. Jona Israel obtained his LL.M. at the University of East Anglia, Norwich in 1994 and graduated at the University of Maastricht in 1995. From 1995 to 1998 he was researcher at the European University Institute in Florence, Italy. Since 1998 he has been lecturer at the University of Maastricht, teaching private international law, insolvency law and commercial law.