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1

Keay, Andrew. "THE HARMONIZATION OF THE AVOIDANCE RULES IN EUROPEAN UNION INSOLVENCIES." International and Comparative Law Quarterly 66, no. 1 (2016): 79–105. http://dx.doi.org/10.1017/s0020589316000518.

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AbstractCross-border transactions and resultant legal proceedings often cause problems. One major problem is knowing which law should govern the transaction and any legal proceedings. Cross-border insolvencies in the EU are subject to the European Regulation on Insolvency Proceedings (EIR) but this legislation does not determine which substantive insolvency law rules apply in a given insolvency. There are many differences in the insolvency rules applicable in the various EU Member States and this has caused concern in relation to the avoidance of transactions entered into by an insolvent prior
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Torralba Mendiola, Elisa. "Las insolvencias transfronterizas en la Unión Europea: perspectivas jurisprudenciales y retos = Cross-border insolvencies in the European Union: recent case law and new challenges." CUADERNOS DE DERECHO TRANSNACIONAL 11, no. 2 (2019): 360. http://dx.doi.org/10.20318/cdt.2019.4963.

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Resumen: El Reglamento 848/2015, sobre procedimientos de insolvencia regula los problemas de Derecho internacional privado que suscitan las situaciones concursales en el ámbito de la Unión Euro­pea. En este trabajo se analiza la más reciente jurisprudencia del TJUE en materia concursal y los retos que se plantean a día de hoy en el tratamiento de la materia, que ponen de relieve la necesidad de adaptar la aplicación de los textos legales a situaciones políticas –y jurídicas– cambiantes.Palabras clave: insolvencia, cooperación, competencia.Abstract: Regulation 2015/848 on Insolvency Proceedings
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3

Mastilovich, Larisa. "The legal nature of pre-insolvency proceedings under Russian and European law." Vestnik of Saint Petersburg University. Law 12, no. 2 (2021): 441–54. http://dx.doi.org/10.21638/spbu14.2021.212.

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The article provides a critical analysis of bankruptcy prevention procedures in the context of interactions between the principle of self-regulation (interaction between free legal will of creditors and the debtor) and the principle “cross-class cram-down” (the right of a court to prevail over the principle of self-regulation). The judicial authority, within the framework of European preventive restructuring law, has the absolute right to discretionally decide on any issue if it is approved by the debtor (freedom of entrepreneurial activity is guaranteed to every solvent debtor). Interference
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4

Gaboardi, Marcello. "The Role of Consent in European Cross-Border Insolvency Proceedings: The Unilateral Undertaking under Article 36 EIRR." Global Jurist 21, no. 2 (2021): 417–46. http://dx.doi.org/10.1515/gj-2020-0002.

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Abstract Properly balancing between public and private interests is one of the most significant and complex challenges presented by modern insolvency law. The European Union insolvency law has recently embraced that challenge, by reinforcing the role that private actors, such as creditors and stakeholders, are called upon to play within the context of insolvency proceedings. That approach to insolvency has gradually reduced the impact of public actors, such as judges and public officers, in managing the debtor’s financial difficulties. The individual consent seems to be the new way of facing t
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5

Suri, Noémi. "Insolvent Groups of Companies in the European Union." Bratislava Law Review 4, no. 2 (2020): 189–98. http://dx.doi.org/10.46282/blr.2020.4.2.179.

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Before 26 June 2017, there was no single universal regulation governing the treatment of insolvency cases concerning groups of companies or certain members of a group in the European Union. The Regulation (EU) 2015/848 of the European Parliament and of the Council of 20 May 2015 on insolvency proceedings defines the effective execution of insolvency proceedings at the different group members involved as the general objective of the legal source. The aim of my paper is to review the detailed rules of group coordination proceedings, during which I focus on the request for opening group coordinat
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6

Couwenberg, Oscar, and Grietje T. de Jong. "Redeeming Art. 13 of the European Insolvency Regulation." European Journal of Comparative Law and Governance 1, no. 1 (2014): 58–74. http://dx.doi.org/10.1163/22134514-00101008.

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This contribution focuses on the interaction between three phenomena: corporate restructuring, choice of law, and transaction avoidance. In this context, scholars have criticised Art. 13 of the European Insolvency Regulation for providing a possibility for forum shopping. This article enables firms to declare the law of the eu Member State where the provisions on transaction avoidance allow for the most freedom to take restructuring measures applicable to contracts. Literature on company restructuring shows that a combination of restructuring measures – usually additional credit for additional
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7

Wessels, Bob. "Cross-Border Insolvency Law in Europe: Present Status and Future Prospects." Potchefstroom Electronic Law Journal/Potchefstroomse Elektroniese Regsblad 11, no. 1 (2017): 67. http://dx.doi.org/10.17159/1727-3781/2008/v11i1a2752.

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In May 2007 the European countries celebrated the first lustrum of the EU Insolvency Regulation (1346/2000). This article describes where Europe stands with its model which is based on well known theories of private international law for dealing with cross-border insolvencies. The EU Insolvency Regulation provides for a national court to exercise international jurisdiction to open insolvency proceedings. The basis for international jurisdiction is the debtor’s “centre of main interests” or COMI. The two most important cases decided by the European Court of Justice (17 January 2006 Staubitz Sch
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8

Bork, Reinhard. "The European Insolvency Regulation and the UNCITRAL Model Law on Cross-Border Insolvency." International Insolvency Review 26, no. 3 (2017): 246–69. http://dx.doi.org/10.1002/iir.1282.

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9

McCormack, Gerard. "Reconstructing European insolvency law – putting in place a new paradigm." Legal Studies 30, no. 1 (2010): 126–46. http://dx.doi.org/10.1111/j.1748-121x.2009.00147.x.

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This paper critically examines the European Insolvency Regulation. It suggests the Regulation contains a fatal flaw at its heart; namely the ‘centre of main interests’ or COMI test governing the exercise of universal insolvency jurisdiction. The paper argues for greater jurisdictional flexibility to replace the COMI test and defends this proposal against charges that it will contribute to an excess of ‘forum shopping’ and encourage a ‘race to the bottom’. The American experience with bankruptcy court competition is considered in this connection.
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10

Vâlcu, Elise Nicoleta, and Lavinia Olah. "PREVENTIVE PROCEEDINGS IN THE VISION OF THE CODE ON PREVENTINVE PROCEEDINGS OF INSOLVENCY AND OF INSOLVENCY - A FIRST STEP FOR THE HARMONIZATION OF THE EU MEMBER STATE'S LEGISLATIONS IN THIS AREA." Agora International Journal of Juridical Sciences 8, no. 1 (2014): 184–89. http://dx.doi.org/10.15837/aijjs.v8i1.932.

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In order to improve and accelerate the insolvency with cross border implications, theCouncil has adopted the Council Regulation (EC) No 1346/2000 of 29 May 2000 oninsolvency proceedings establishing the common norms on the jurisdiction, recognition andapplicable law in this area, European norm which does not harmonizes the national materiallaw systems in the area of insolvency, thus it can be identified significant differences at anational legislative level regarding the insolvency in relation to fundamental considerationsof politics, structure and content, in other words, there are not unique
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11

McCormack, Gerard. "Something Old, Something New: Recasting the European Insolvency Regulation." Modern Law Review 79, no. 1 (2016): 121–46. http://dx.doi.org/10.1111/1468-2230.12169.

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12

Bogdan, Michael. "The New EU Rules on Electronic Insolvency Registers." Masaryk University Journal of Law and Technology 11, no. 1 (2017): 175–82. http://dx.doi.org/10.5817/mujlt2017-1-9.

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This paper deals with those provisions of the new EU Regulation No. 2015/848 on Insolvency Proceedings (Recast) that create a system of national insolvency registers and establish a decentralized system for the interconnection of such registers by means of the European e-Justice Portal.
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13

Klementyev, Aleksey P. "Close-out netting in the European Union: contract practice and unification of legal regulation." RUDN Journal of Law 25, no. 3 (2021): 634–53. http://dx.doi.org/10.22363/2313-2337-2021-25-3-634-653.

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The article focuses on the general characteristics of the European Union legal framework pertaining to close-out netting; it offers analysis of standard documentation provisions used within European Union for netting. Close-out netting is the process of termination of financial transactions by the parties in case of violation of obligations under master agreements, often with participation of banks and other financial institutions. Currently, EU legislation on netting consists of two major parts (regulatory regimes): the prudential regime and the insolvency regime. The former addresses banks a
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14

Sproge, Daiga. "The Debtor’s Property Selling in the Cross-Border Insolvency Proceedings." Economics and Culture 13, no. 1 (2016): 76–87. http://dx.doi.org/10.1515/jec-2016-0010.

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Abstract The title of this research is “The debtor’s property selling in the cross-border insolvency proceedings”. The insolvency proceeding gets the cross-border status also in case, if a debtor is an owner of the property outside of the main interests’ centre, namely, in another country. Therefore, there are many problematic cases when insolvency administrator (also called insolvency practitioner) defines the real estate in this other country and has to make a decision concerning the methods of selling the real estate in accordance with the law of the Member State in which territory the inso
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15

Heinze, Christian, and Cara Warmuth. "The law applicable to third-party effects of assignment and the conflict rules for insolvency according to EU law." Uniform Law Review 24, no. 4 (2019): 664–84. http://dx.doi.org/10.1093/ulr/unz034.

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Abstract In March 2018, the European Commission issued its proposal for a regulation on the law applicable to third-party effects of assignments of claims, aiming to put an end to the ongoing debate on this issue and the legal uncertainty associated with it. On the basis of the Commission’s decision in favour of the application of the law of the assignor’s habitual residence, this article discusses the consequences of the Proposal under European Union (EU) insolvency law. For that purpose, the coherence of the Proposal with the Insolvency Regulation will be examined, first in general and then
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16

McCormack, G. "Reforming The European Insolvency Regulation: A Legal And Policy Perspective." Journal of Private International Law 10, no. 1 (2014): 41–67. http://dx.doi.org/10.5235/17441048.10.1.41.

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17

McCormack, Gerard. "Set‐off under the European insolvency regulation (and English law)." International Insolvency Review 29, no. 1 (2020): 100–117. http://dx.doi.org/10.1002/iir.1373.

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18

Eidenmüller, Horst. "The Rise and Fall of Regulatory Competition in Corporate Insolvency Law in the European Union." European Business Organization Law Review 20, no. 3 (2019): 547–66. http://dx.doi.org/10.1007/s40804-019-00160-0.

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Abstract In this article, I discuss the rise and fall of regulatory competition in corporate insolvency law in the European Union. The rise is closely associated with the European Insolvency Regulation (EIR, 2002), and it is well documented. The UK has emerged as the ‘market leader’, especially for corporate restructurings. The fall is about to happen, triggered by a combination of factors: the recasting of the EIR (2017), the European Restructuring Directive (ERD, 2019) and Brexit (2019). The UK will lose its dominant market position. I present evidence to support this hypothesis.
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19

Polshkova, M. I. "Confl ict Regulation of Debtor’s Transactions Invalidity in Cross-Border Insolvency." Actual Problems of Russian Law 16, no. 1 (2021): 147–55. http://dx.doi.org/10.17803/1994-1471.2021.122.1.147-155.

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Given the lack of proper legal regulation of both cross-border insolvency in general and the invalidity of transactions in cross-border insolvency in the Russian law, the author analyzes Russian judicial practice revealing the problem of determining applicable law in challenging the debtor’s transactions in the framework of the insolvency procedure. The author concludes that the Russian judicial practice shows that determination of the law applicable to the invalidity of transactions is contingent on the existence of a bankruptcy procedure and on the grounds for recognizing the transaction as
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20

Weideman, Jeanette, and Leonie Stander. "European and American Perspectives on the Choice of Law Regarding Cross-Border Insolvencies of Multinational Corporations – Suggestions for South Africa." Potchefstroom Electronic Law Journal/Potchefstroomse Elektroniese Regsblad 15, no. 5 (2017): 133. http://dx.doi.org/10.17159/1727-3781/2012/v15i5a2522.

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An increase in economic globalisation and international trade has amounted to an increase in the number of multinational enterprises that have debt, own assets and conduct business in various jurisdictions around the world. This, coupled with the recent worldwide economic recession, has inevitably caused the increased occurrence of multinational financial default, also known as cross-border insolvency (CBI). The legal response to this trend has, inter alia, produced two important international instruments that were designed to address key issues associated with CBI. Firstly, the United Nations
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21

McCormack, Gerard. "Breaking Up Is Hard to Do – What Brexit Means for UK Insolvency and Restructuring Law." European Company and Financial Law Review 18, no. 3 (2021): 338–76. http://dx.doi.org/10.1515/ecfr-2021-0018.

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Abstract This paper asks whether the UK can maintain its insolvency and restructuring pre-eminence post Brexit i. e. after Britain’s departure from the European Union (EU). In the past 20 years or so, the UK is said to have become the insolvency and restructuring capital of Europe or in less politically correct terms, the bankruptcy brothel of Europe. In part, this is because of the European Insolvency Regulation which provides for automatic recognition of insolvency proceedings opened in a EU Member State in the other EU Member States. Such proceedings may make provision for the discharge of
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22

Espiniella Menéndez, Ángel. "Ley aplicable a las acciones concursales de reintegración (comentario a la STJUE de 8 de junio de 2017, Vinlys Italia) = Applicable law to reintegration actionsin insolvency proceedings (commentary to CJUE judgment 8 June 2017 Vinlys Italia)." CUADERNOS DE DERECHO TRANSNACIONAL 11, no. 1 (2019): 739. http://dx.doi.org/10.20318/cdt.2019.4645.

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Resumen: en el Asunto Vinyls Italia, el TJUE recuerda que la ley rectora del concurso no es base suficiente para revocar un contrato perjudicial para el conjunto de los acreedores, si la contratante prueba que la ley rectora de tal contrato no permite su impugnación. Entre los aciertos de la Sentencia, des­taca que esta excepción no debe amparar prácticas fraudulentas, además de que su tramitación procesal debe hacerse conforme a la lex fori. No obstante, la Sentencia presenta serias dudas al obviar que la de­terminación de la ley rectora del contrato, y su carácter internacional, deben hacers
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23

Keay, Andrew. "Harmonisation of avoidance rules in European Union insolvencies: the critical elements in formulating a scheme." Northern Ireland Legal Quarterly 69, no. 2 (2018): 85–106. http://dx.doi.org/10.53386/nilq.v69i2.82.

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Only the harmonisation of laws is seen as being able to solve legal uncertainty resulting from legal diversity, but, notwithstanding the advent of the EC Regulation on Insolvency Proceedings, thus far there is no real harmonisation of insolvency laws in the EU. There are indications that the European Commission (EC) has been considering the formulation of a scheme for the harmonisation of the rules that apply in insolvency proceedings to permit the avoidance of transactions entered into prior to the commencement of insolvency proceedings. On this basis this article identifies and analyses thos
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24

Keay, Andrew. "Harmonisation of avoidance rules in European Union insolvencies: the critical elements in formulating a scheme." Northern Ireland Legal Quarterly 69, no. 2 (2018): 85–106. http://dx.doi.org/10.53386/nilq.v69i2.83.

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Only the harmonisation of laws is seen as being able to solve legal uncertainty resulting from legal diversity, but, notwithstanding the advent of the EC Regulation on Insolvency Proceedings, thus far there is no real harmonisation of insolvency laws in the EU. There are indications that the European Commission (EC) has been considering the formulation of a scheme for the harmonisation of the rules that apply in insolvency proceedings to permit the avoidance of transactions entered into prior to the commencement of insolvency proceedings. On this basis this article identifies and analyses thos
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25

Kirilevičiūtė, Laura. "Ar egzistuoja palankesnės teisės ieškojimo galimybės bankroto bylose?" Teisė 74 (January 1, 2010): 93–104. http://dx.doi.org/10.15388/teise.2010.0.255.

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Tarptautinio bankroto bylų jurisdikcijos klausimus Europos Sąjungos lygiu reguliuoja 2000 m. gegu­žės 29 d. Tarybos reglamentas (EB) Nr. 1346/2000 dėl bankroto bylų. Jame įtvirtintas vienas tarptauti­nę jurisdikciją tarptautinio bankroto bylose nulemiantis kriterijus – pagrindinių turtinių interesų vieta. Straipsnyje siekiama atsakyti į klausimą, ar pasirinktu reguliavimu yra pasiektas šio reglamento vienas iš tikslų – panaikinti teisines prielaidas galimybei bylos šalims perkelti turtą arba teismo procesą iš vienos valstybės narės į kitą ieškant palankesnės teisinės padėties. Tuo tikslu anali
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Kirilevičiūtė, Laura. "Europos Sąjungos kompetencijos reguliuoti bankroto procesą ribos." Teisė 73 (January 1, 2009): 89–101. http://dx.doi.org/10.15388/teise.2009.0.269.

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Straipsnyje nagrinėjamos 2000 m. gegužės 29 d. Tarybos reglamento (EB) Nr. 1346/2000 dėl bankroto bylų rengimo ir priėmimo metu egzistavusios istorinės ir teisinės prielaidos, turėjusios įtakos pasirink­tai reguliavimo dalyko apimčiai. Europos Sąjungos teisėkūros teisminio bendradarbiavimo su užsieniu susijusių civilinių bylų srityje šiuolaikinių tendencijų kontekste analizuojama Europos Sąjungai suteik­tos kompetencijos reguliuoti bankroto bylas apimtis ir jos sampratos pokyčiai per devynerius metus po reglamento priėmimo. Keliama ir grindžiama hipotezė, kad Europos Sąjunga dar visa apimtimi
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27

Mankowski, Peter. "Rezension zu: Moritz Brinkmann (ed.), European Insolvency Regulation. Article-by-Article Commentary." Zeitschrift für das Privatrecht der Europäischen Union 17, no. 1 (2020): 17–18. http://dx.doi.org/10.9785/gpr-2020-170106.

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28

Richter, Tomáš. "Parallel Reorganizations under the Recast European Insolvency Regulation - Selected EU Law Issues." International Insolvency Review 27, no. 3 (2018): 340–73. http://dx.doi.org/10.1002/iir.1314.

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29

Bütter, Michael. "Recognition of English Fixed and Floating Charges in German Insolvency Proceedings Under the New European Regulation on Insolvency Proceedings." Journal of Corporate Law Studies 2, no. 2 (2002): 213–44. http://dx.doi.org/10.1080/14735970.2002.11419884.

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30

Noneva-Zlatkova, Yordanka. "European Court of Justice Jurisprudence in the Field of Avoidance Actions with International Elements for Filling the Insolvency Estate." International conference KNOWLEDGE-BASED ORGANIZATION 26, no. 2 (2020): 205–10. http://dx.doi.org/10.2478/kbo-2020-0077.

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AbstractWith the development of the internal market, the need to establish rules ensuring the protection of creditors in insolvency proceedings with a cross-border effect is increasing. Mechanisms at national level are difficult to provide the desired protection for foreign creditors. Since 26.06.2017 EU has a new Regulation 848/2015 which repeals the current Regulation 1346/2000. Despite the radical changes, it is attempting to implement this legislative act, the main objective of insolvency proceedings remains unchanged, namely, to achieve fair satisfaction of creditors. One of the mechanism
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31

Bos, Titia M. "The European Insolvency Regulation and the Harmonization of Private International Law in Europe." Netherlands International Law Review 50, no. 1 (2003): 31–57. http://dx.doi.org/10.1017/s0165070x03000317.

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32

MacPherson, Alisdair D. J. "Gerard McCormack and Reinhard Bork (eds), Security Rights and the European Insolvency Regulation." Edinburgh Law Review 24, no. 1 (2020): 166–69. http://dx.doi.org/10.3366/elr.2020.0621.

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Pasquariello, Federica. "PROTOCOLS AND OTHER VOLUNTARY COMMITMENTS WITHIN EUROPEAN TRANSNATIONAL INSOLVENCY REGULATION, EIR 848/2015." REVISTA LEX MERCATORIA Doctrina, Praxis, Jurisprudencia y Legislación, no. 11 (June 10, 2019): 97. http://dx.doi.org/10.21134/lex.v0i11.1659.

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In response to cross-border insolvencies, conflicts of law and jurisdiction may arise and they cannot be resolved in a strictly Territorial approach. In fact, in an era of globalized and interconnected economies, an insolvency proceeding on a narrow national basis, which coexists with at least one other local proceeding may leadto unexpected outcomes. Actually, under Territorialism, each Country seizes the debtor’s assets which are located within its borders and conducts a separate bankruptcy proceeding to divide those assets among local creditors according to local law, while no proceeding af
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Casasola, Oriana. "The transaction avoidance regime in the recast European insolvency regulation: Limits and prospects." International Insolvency Review 28, no. 2 (2019): 163–83. http://dx.doi.org/10.1002/iir.1343.

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Lima Pinheiro, Luís de, and João Gomes de Almeida. "O conceito de ação pendente no artigo 15.º do Regulamento (CE) n.º 1346/2000 relativo aos processos de insolvência: comentário ao acórdão do Tribunal de Justiça da União Europeia de 6 de junho de 2018, Tarragó da Silveira, proc. C-250/17, ecli:eu:c:2018:398 = The concept of pending lawsuit in article 15 of Regulation (EC) no 1346/2000 on insolvency proceedings: annotation on the European Court of Justice Judgment of 6 june 2018, Tarragó da Silveira, Case c-250/17, ecli:eu:c:2018:398." CUADERNOS DE DERECHO TRANSNACIONAL 11, no. 1 (2019): 814. http://dx.doi.org/10.20318/cdt.2019.4655.

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Resumo: No Acórdão Tarragó da Silveira, o Tribunal de Justiça da União Europeia responde a uma questão prejudicial colocada pelo Supremo Tribunal de Justiça (Portugal) relativa ao conceito de “ação pendente” previsto no artigo 15.º do Regulamento relativo aos processos de insolvência. O órgão jurisdicional de reenvio pretende saber se o conceito de ação pendente previsto naquele artigo inclui uma ação de condenção do devedor na obrigação de pagamento de quantia pecuniária. Este comentário examina a solução dada pelo Tribunal de Justiça da União Europeia.Palavras-chave: Regulamento relativo aos
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36

Sinkina, Olga Nikolaevna. "Positioning of the concept of corporate restructuring in the EU member-states and its approval by the auditor." Теоретическая и прикладная экономика, no. 1 (January 2021): 131–51. http://dx.doi.org/10.25136/2409-8647.2021.1.31708.

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The object of this research is the concept of restructuring, which in the conditions of crisis in the European Union is positioned as an instrument for its overcoming and the procedure for its verification by the auditor. The subject of this research is a range of question associated on the peculiarities of positioning of the concept of restructuring in the EU. The article analyzes the criteria for insolvency and tests for the presence of the signs of insolvency according to the national legislation of the EU jurisdiction based on the typical crisis process. The author introduces the definitio
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37

Balsiukienė, Audronė, and Remigijus Jokubauskas. "Problems of New and Interim Financing in Restructuring Proceedings." SOCRATES. Rīgas Stradiņa universitātes Juridiskās fakultātes elektroniskais juridisko zinātnisko rakstu žurnāls / SOCRATES. Rīga Stradiņš University Faculty of Law Electronic Scientific Journal of Law 2, no. 20 (2021): 127–35. http://dx.doi.org/10.25143/socr.20.2021.2.127-135.

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This article focuses on problems of new and interim financing in restructuring proceedings. It discusses the needs for additional financing in restructuring proceedings and how it should be granted. Also, the authors analyse the regulation and protection of interim and new financing in the European Union law. The authors argue that though Directive on restructuring and insolvency aims to increase effectiveness of restructuring proceedings, the regulation of interim and new financing triggers questions whether it is compatible with the goals of restructuring proceedings.
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Thole, Christoph, and Manuel Dueñas. "Some Observations on the New Group Coordination Procedure of the Reformed European Insolvency Regulation." International Insolvency Review 24, no. 3 (2015): 214–27. http://dx.doi.org/10.1002/iir.1242.

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Soveral Martins, Alexandre. "Groups of companies in the Recast European Insolvency Regulation: Around and about the “group”." International Insolvency Review 28, no. 3 (2019): 354–62. http://dx.doi.org/10.1002/iir.1354.

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40

Bariatti, Stefania. "Recent Case-Law Concerning Jurisdiction and the Recognition of Judgments under the European Insolvency Regulation." Rabels Zeitschrift für ausländisches und internationales Privatrecht 73, no. 3 (2009): 629. http://dx.doi.org/10.1628/003372509788930727.

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41

Geva, Eyal Z. "National Policy Objectives from an EU Perspective: UK Corporate Rescue and the European Insolvency Regulation." European Business Organization Law Review 8, no. 4 (2007): 605–19. http://dx.doi.org/10.1017/s1566752907006052.

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42

Fabok, Zoltan. "Grounds for Refusal of Recognition of (Quasi-) Annex Judgements in the Recast European Insolvency Regulation." International Insolvency Review 26, no. 3 (2017): 295–313. http://dx.doi.org/10.1002/iir.1284.

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43

ZHIL'TSOVA, Yuliya V., and Vladimir A. STRAKHOV. "Formulating a stand-alone paradigm of the concepts Bankruptcy and Insolvency of legal entities." International Accounting 22, no. 7 (2021): 826–44. http://dx.doi.org/10.24891/ia.24.7.826.

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Subject. The terms, such as Bankruptcy and Insolvency, are used in various regulatory documents of the Russian Federation. The protracted economic crisis due to the pandemic urges to solve disputable issues and improve the legal framework of the business bankruptcy procedure. Objectives. The study provides a rationale for formulating standalone paradigms for bankruptcy and insolvency for scientific and practical purposes, aligning development phases of the national institution of bankruptcy. Methods. The study relies upon general and partial methods of research. Based on the retrospective anal
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44

Zhang, Daoning. "Reconsidering Procedural Consolidation for Multinational Corporate Groups in the Context of the Recast European Insolvency Regulation." International Insolvency Review 26, no. 3 (2017): 332–47. http://dx.doi.org/10.1002/iir.1286.

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45

Klyta, Wojciech. "Prawo właściwe dla skutków przelewu wierzytelności w stosunku do osób trzecich. Uwagi z perspektywy międzynarodowego prawa upadłościowego." Problemy Prawa Prywatnego Międzynarodowego 24 (June 30, 2019): 47–75. http://dx.doi.org/10.31261/pppm.2019.24.03.

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The claims are rights in personam but the assignment of claims has a hybrid nature. Abolishing the “nomina ossibus inhaerent” rule has increased commercial significance of the assignment of claims. However, the contemporary legal situationleaves parties with great legal uncertainty, as to the question under which circumstances does the cross — borders assignment is valid. A recent judgment of the CJEU of 9 October 2019 (C — 548/18) in case BGL BNP Paribas SA v. TeamBank AG Nürnberg has augmented this uncertainty. The Luxemburg Court ruled that: “Article 14 of the Regulation (EC) No 593/2008 of
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46

Dukić-Mijatović, Marijana, and Ozren Uzelac. "Origin and legal regulation of the second chance for entrepreneurs in the European Union." Strani pravni zivot, no. 1 (2021): 91–104. http://dx.doi.org/10.5937/spz65-28236.

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In the history of human civilization, there has always been the problem of overindebtedness and personal bankruptcy, as well as the tendency to protect such persons to some extent from excessive sanctions or the consequences of their insolvency. Benevolence towards the debtor is limited by the existence of conditions of conscientiousness and honesty of the debtor in all legal systems, while the amount of debt forgiveness is different. Debt relief and providing a new chance to the entrepreneur is a kind of systemic social measure that should ensure the employment of the individual and his famil
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47

van der Mei, Anne Pieter. "Overview of recent cases before the Court of Justice of the European Union (July – October 2018)." European Journal of Social Security 20, no. 4 (2018): 364–73. http://dx.doi.org/10.1177/1388262718822554.

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In the reporting period July-October 2018, the Court of Justice of the European Union (CJEU) delivered three rulings ( Alpenrind, Walltopia, and Commission v Belgium) concerning the conflict rule for posted workers as contained in Article 12 of Regulation 883/2004. The CJEU clarified the meaning of the `non-replacement condition', the legal status of workers who are recruited for the sole purpose of being posted to another Member State as well as procedural aspects relating to A1 certificates. In addition, the CJEU delivered judgments on the portability of personal care benefits (A), the appli
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Melin, Pauline. "Overview of recent cases before the Court of Justice of the European Union (October 2019-January 2020)." European Journal of Social Security 22, no. 1 (2020): 64–70. http://dx.doi.org/10.1177/1388262720911530.

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During the period of reporting (1 October 2019-31 January 2020), six judgments are worth noting in the area of EU social security law. In Safeway, the Court had to decide whether Article 119 of the EC Treaty on equal treatment precluded a measure ending discrimination through the fixing, with retroactive effect, of a uniform normal pension age equal to that of the members within the previously disadvantaged category. In Bocero Torrico, the question related to the obligation on Member States, under Regulation 883/2004, to take into account equivalent benefits acquired in other Member States for
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49

Vygovskyy, О. "REFORM IN THE SECURITIES CLEARING AND SETTLEMENT SYSTEM REGULATION IN UKRAINE." Actual Problems of International Relations, no. 129 (2016): 65–73. http://dx.doi.org/10.17721/apmv.2016.129.0.65-73.

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Recent developments in the regulation of securities clearing and settlement system in Ukraine aimed at harmonization of Ukrainian securities legislation with the European and international regulatory standards are discussed in this article. Attention is focused on the key provisions of the Law of Ukraine “On Depository System of Ukraine” which has become one of the cornerstones of the legislative framework for the securities market regulation. These provisions are compared with the rules of UNIDROIT Convention on Substantive Rules for Intermediated Securities and the level of harmonization of
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Čolović, Vladimir, and Siniša Aleksić. "Koordinacija stečajnih postupaka – sa posebnim osvrtom na transfer sredstava stečajne mase i stečaj povezanih društava / Coordination of Bankruptcy Proceedings - with special emphasis to the the transfer of bankruptcy assets and to bankruptcy of a members of group of companies." Годишњак факултета правних наука - АПЕИРОН 6, no. 6 (2016): 5. http://dx.doi.org/10.7251/gfp1606005c.

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The possibility to start against the debtor more bankruptcy proceeding, of which one is main bankruptcy, and the other are secondaries or specials, has led to the necessity of defining the rules governing coordination of these proceedings, in order to achieve the unity of the bankruptcy assets and to the equal settlement of creditors. Today, national laws and international statutory sources contain rules governing the coordination of bankruptcy proceedings. However, these rules have their basis in Private International Law. The author presents the rules of the EU Regulation No. 2015/848 of the
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