CERIL

Introduction

In cross-border practice, the EU Insolvency Regulation is of crucial importance. Its application in practice and improvements necessary to have it function better are being addressed.

Chairs

Stephan Madaus
Bob Wessels

Current Projects

• Recognition and enforcement of Preventive Restructuring Procedures in the EU
  

Completed Projects

• Implementation of the EIR 2015 in National Procedural Rules
  This project examined six topics of the recast Regulation (which entered into force on 26 June 2017) in the national laws of Finland, France, Germany, the Netherlands and pending draft legislation in Italy. It covers (i) international jurisdiction of the court, (ii) publication and registration in insolvency registers of other Member States,(iii) the relation between main and secondary insolvency proceedings, (iv) provisions related to cooperation and communication between insolvency practitioners, between courts, and between courts and insolvency practitioners,(v) national provisions required in group coordination proceedings, and (vi) remedies in group coordination proceedings.
  
  Reporter(s): Prof. Stephan Madaus and Prof. Em. Bob Wessels
  
  This project resulted in:
  - CERIL Statement 2018-1 on Insolvency Regulation (Recast) and National Procedural Rules
  - CERIL Report 2018-2 on Insolvency Regulation (Recast) and National Procedural Rules

Conferees part of