Council of the EU\u2019s recent insights on insolvency law harmonisation<\/strong><\/span>.<\/p>\nThis development marks a significant step forward towards a more cohesive legal framework across member states.<\/p>\n
The Council of the EU\u2019s agreement on a directive to harmonise certain aspects of insolvency law marks a major step towards enhancing cross-border investor confidence by aligning national regimes\u2014most notably through the introduction of a pre-pack mechanism and mandatory creditors\u2019 committees in larger cases in all member states. By standardising key elements such as directors\u2019 duties and transparency obligations, the EU takes a significant leap in streamlining capital market operations across its Member States<\/strong>.<\/p>\nWe encourage our colleagues to review the Council\u2019s overview and consider its implications for our respective practices.<\/span><\/p>\n\u00a0<\/p>\n
#WLNadvocate #EUCouncil #legalnews #legalupdates #law #lawyer #insolvencylaw #corporatelaw #Europe<\/p>\n","protected":false},"excerpt":{"rendered":"
\u00a0 Sebastiaan Meeuwens\u00a0(Legalis advocaten) and\u00a0Gloria Vi\u00f1als (Bufete Ma\u00f1\u00e1-Krier-Elvira), as chairs of the Restructuring and Litigation & Arbitration Focus Groups, are pleased to share the Council of the EU\u2019s recent insights on insolvency law harmonisation. This development marks a significant step forward towards a more cohesive legal framework across member states. The Council of the EU\u2019s…<\/p>\n","protected":false},"author":3,"featured_media":16792,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_ppma_block_editor_authors":""},"categories":[48],"tags":[],"ppma_author":[68],"class_list":["post-16790","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-warwick-legal-network-2"],"acf":[],"yoast_head":"\n
The Council of the EU\u2019s recent insights on insolvency law harmonisation · Labr\u00e9 advocaten<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/warwicklegal.com\/news\/908\/the-council-of-the-eu-s-recent-insights-on-insolvency-law-harmonisation\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Council of the EU\u2019s recent insights on insolvency law harmonisation · Labr\u00e9 advocaten\" \/>\n<meta property=\"og:description\" content=\"\u00a0 Sebastiaan Meeuwens\u00a0(Legalis advocaten) and\u00a0Gloria Vi\u00f1als (Bufete Ma\u00f1\u00e1-Krier-Elvira), as chairs of the Restructuring and Litigation & Arbitration Focus Groups, are pleased to share the Council of the EU\u2019s recent insights on insolvency law harmonisation. 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