WP 14 COVID-19 and insolvency legislation
COVID-19 and insolvency legislations
The Executive of CERIL is deeply concerned with the ability of existing insolvency legislation in Europe to provide adequate responses to the extremely difficult situation in which many companies may find themselves in the COVID-19 (corona) crisis. In the statement, a call is made upon EU and European national legislators to take immediate action and adapt insolvency legislations where necessary in light of the current extraordinary economic situation and to prevent unnecessary bankruptcies of entrepreneurs.
Reporter(s): Prof. Stephan Madaus and Prof. Em. Bob Wessels
Associate Researcher: Gert-Jan Boon
This project resulted in:
- CERIL Executive Statement 2020-1 on COVID-19 and insolvency legislation
Conferees part of this Working Party: