01 May 2015

The recast EC Insolvency Regulation - progress so far and next steps

This article considers the key changes anticipated by the recast Council Regulation (EC) 1346/2000 on insolvency proceedings (ECIR) as they will affect corporate insolvencies.

It also briefly examines the amendment intended to clarify the relationship between the ECIR and Council Regulation (EC) No 1215/2012  on jurisdiction and the recognition and enforcement of judgments in civil and commercial matters.

This article first appeared in the 2015 edition of The International Comparative Legal Guide to Corporate Recovery & Insolvency, published by Global Legal Group Ltd, London.

Contact Information
Richard de Carle
Partner at Slaughter and May
Ian Johnson
Partner at Slaughter and May
Tom Vickers
Partner at Slaughter and May
Megan Sparber
PSL Counsel at Slaughter and May