How the impending Brexit impacts the legal framework of doing business with the UK - the German perspective: Restructuring/cross-border insolvency proceedings

Cross-border insolvency proceedings involving the UK

The question of which law is applicable to cross-border insolvency proceedings within the EU and which court has jurisdiction over the opening, monitoring or conducting of the insolvency proceedings, is regulated by Council Regulation (EC) No. 1346/2000 on Insolvency Proceedings (Insolvency Regulation) that is directly applicable in all EU member states, with the exception of Denmark.

Filed under:
European Union, Germany, United Kingdom, Insolvency & Restructuring, Public, Heuking, Brexit
Authors:
Dr. Arnold Büssemaker , Christian Staps
Location:
European Union, Germany, United Kingdom
Firm:
Heuking