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European Insolvency Proceedings

Commentary on Regulation (EU) 2015/848 on Insolvency Proceedings (Recast)
Specificaties
Gebonden, 808 blz. | Engels
Kluwer Law International | 1e druk, 2021
ISBN13: 9789403534107
Rubricering
Hoofdrubriek : Juridisch
Jongbloed : Europees recht
Kluwer Law International 1e druk, 2021 9789403534107
Onderdeel van serie European Company Law Series
Dit product is niet leverbaar
 

Samenvatting

European Company Law Series #17

About this book:

European Insolvency Proceedings is a detailed and in-depth description of international jurisdiction, recognition and universal and territorial effects of insolvency proceedings with a clear focus on 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 a group of companies’ insolvencies. 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, with a number of valuable comments and analyses concerning the manner and form of exercising one’s rights by foreign creditors.

What’s in this book:

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.

How this will help you:

This practical book presenting the theoretical framework of all institutions operating within international insolvency proceedings 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 collection of receivables, and debt collection companies. In addition, it will be of importance for research works in all Member States since it will present the theoretical framework of all institutions operating within international insolvency proceedings.

Disclaimer: This title is in pre-production and any names, credits or associations are subject to change. The current table of contents and subject matter is for pre-release sample purposes only.

Specificaties

ISBN13:9789403534107
Taal:Engels
Bindwijze:gebonden
Aantal pagina's:808
Uitgever:Kluwer Law International
Druk:1
Verschijningsdatum:2-11-2021
Hoofdrubriek:Europees-internationaal recht
Jongbloed:Europees recht
Serie:European Company Law Series

Inhoudsopgave

List of Authors
Preface

CHAPTER 1
General Provisions
Anna Hrycaj & Feliks Zedler
Article 1
Scope
Anna Hrycaj
Article 2
Definitions
Anna Hrycaj
Article 3
International jurisdiction
Anna Hrycaj & Patryk Filipiak
Article 4
Examination as to jurisdiction
Anna Hrycaj
Article 5
Judicial review of the decision to open main insolvency proceedings
Anna Hrycaj
Article 6
Jurisdiction for actions deriving directly from insolvency proceedings and closely linked with them
Anna Hrycaj
Article 7
Applicable law
Feliks Zedler
Article 8
Third parties’ rights in rem
Feliks Zedler
Article 9
Set-off
Feliks Zedler
Article 10
Reservation of title
Feliks Zedler
Article 11
Contracts relating to immoveable property
Feliks Zedler
Article 12
Payment systems and financial markets
Feliks Zedler
Article 13
Contracts of employment
Feliks Zedler
Article 14
Effects on rights subject to registration
Feliks Zedler
Article 15
European patents with unitary effect and Community trade marks
Feliks Zedler
Article 16
Detrimental acts
Feliks Zedler
Article 17
Protection of third-party purchasers
Feliks Zedler
Article 18
Effects of insolvency proceedings on pending lawsuits or arbitral proceedings
Feliks Zedler

CHAPTER 2
Recognition of Insolvency Proceedings
Anna Hrycaj
Article 19
Principle
Patryk Filipiak & Anna Hrycaj
Article 20
Effects of recognition
Patryk Filipiak & Anna Hrycaj
Article 21
Powers of the insolvency practitioner
Anna Hrycaj
Article 22
Proof of the insolvency practitioner’s appointment
Anna Hrycaj
Article 23
Return and imputation
Anna Hrycaj
Article 24
Establishment of insolvency registers
Anna Hrycaj
Article 25
Interconnection of insolvency registers
Anna Hrycaj
Article 26
Costs of establishing and interconnecting insolvency registers
Anna Hrycaj
Article 27
Conditions of access to information via the system of interconnection
Anna Hrycaj
Article 28
Publication in another Member State
Anna Hrycaj
Article 29
Registration in public registers of another Member State
Anna Hrycaj
Article 30
Costs
Anna Hrycaj
Article 31
Honouring of an obligation to a debtor
Anna Hrycaj
Article 32
Recognition and enforceability of other judgments
Anna Hrycaj
Article 33
Public policy
Anna Hrycaj

CHAPTER 3
Secondary Insolvency Proceedings
Patryk Filipiak
Article 34
Opening of proceedings
Patryk Filipiak
Article 35
Applicable law
Patryk Filipiak
Article 36
Right to give an undertaking in order to avoid secondary insolvency proceedings
Patryk Filipiak
Article 37
Right to request the opening of secondary insolvency proceedings
Patryk Filipiak
Article 38
Decision to open secondary insolvency proceedings
Patryk Filipiak
Article 39
Judicial review of the decision to open secondary insolvency proceedings
Patryk Filipiak
Article 40
Advance payment of costs and expenses
Patryk Filipiak
Article 41
Cooperation and communication between insolvency practitioners
Patryk Filipiak
Article 42
Cooperation and communication between courts
Anna Hrycaj
Article 43
Cooperation and communication between insolvency practitioners and courts
Patryk Filipiak
Article 44
Costs of cooperation and communication
Patryk Filipiak
Article 45
Exercise of creditors’ rights
Patryk Filipiak
Article 46
Stay of the process of realisation of assets
Patryk Filipiak
Article 47
Power of the insolvency practitioner to propose restructuring plans
Patryk Filipiak
Article 48
Impact of closure of insolvency proceedings
Patryk Filipiak
Article 49
Assets remaining in the secondary insolvency proceedings
Patryk Filipiak
Article 50
Subsequent opening of the main insolvency proceedings
Patryk Filipiak
Article 51
Conversion of secondary insolvency proceedings
Patryk Filipiak
Article 52
Preservation measures
Patryk Filipiak

CHAPTER 4
Provision of Information for Creditors and Lodgement of Their Claims
Patryk Filipiak
Article 53
Right to lodge claims
Patryk Filipiak
Article 54
Duty to inform creditors
Patryk Filipiak
Article 55
Procedure for lodging claims
Patryk Filipiak

CHAPTER 5
Insolvency Proceedings of Members of a Group of Companies
Patryk Filipiak
Article 56
Cooperation and communication between insolvency practitioners
Patryk Filipiak
Article 57
Cooperation and communication between courts
Anna Hrycaj
Article 58
Cooperation and communication between insolvency practitioners and courts
Patryk Filipiak
Article 59
Costs of cooperation and communication in proceedings concerning members of a group of companies
Patryk Filipiak
Article 60
Powers of the insolvency practitioner in proceedings concerning members of a group of companies
Patryk Filipiak
Article 61
Request to open group coordination proceedings
Patryk Filipiak
Article 62
Priority rule
Patryk Filipiak
Article 63
Notice by the court seised
Patryk Filipiak
Article 64
Objections by insolvency practitioners
Patryk Filipiak
Article 65
Consequences of objection to the inclusion in group coordination
Patryk Filipiak
Article 66
Choice of court for group coordination proceedings
Patryk Filipiak
Article 67
Consequences of objections to the proposed coordinator
Patryk Filipiak
Article 68
Decision to open group coordination proceedings
Patryk Filipiak
Article 69
Subsequent opt-in by insolvency practitioners
Patryk Filipiak
Article 70
Recommendations and group coordination plan
Patryk Filipiak
Article 71
The coordinator
Patryk Filipiak
Article 72
Tasks and rights of the coordinator
Patryk Filipiak
Article 73
Languages
Patryk Filipiak
Article 74
Cooperation between insolvency practitioners and the coordinator
Patryk Filipiak
Article 75
Revocation of the appointment of the coordinator
Patryk Filipiak
Article 76
Debtor in possession
Patryk Filipiak
Article 77
Costs and distribution
Patryk Filipiak

CHAPTER 6
Data Protection
Patryk Filipiak
Article 78
Patryk Filipiak
Article 79
Responsibilities of Member States regarding the processing of personal data in national insolvency registers
Patryk Filipiak
Article 80
Responsibilities of the Commission in connection with the processing of personal data
Patryk Filipiak
Article 81
Information obligations
Patryk Filipiak
Article 82
Storage of personal data
Patryk Filipiak
Article 83
Access to personal data via the European e-Justice Portal
Patryk Filipiak

CHAPTER 7
Transitional and Final Provisions
Anna Hrycaj
Article 84
Applicability in time
Anna Hrycaj
Article 85
Relationship to Conventions
Anna Hrycaj
Article 86
Information on national and European Union insolvency law
Anna Hrycaj
Article 87
Establishment of the interconnection of registers
Anna Hrycaj
Article 88
Establishment and subsequent amendment of standard forms
Anna Hrycaj
Article 89
Committee procedure
Anna Hrycaj
Article 90
Review clause
Anna Hrycaj
Article 91
Repeal
Anna Hrycaj
Article 92
Entry into force
Anna Hrycaj

Bibliography

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