Brexit Leaves Recognition of Insolvency Proceedings in Unknown Territory

In the European Union, the European Insolvency Regulation (EIR) determines the jurisdiction for a debtor's insolvency proceedings, the law applicable to those proceedings and provides for mandatory recognition of the proceedings in other EU member states.

Filed under:
European Union, Finland, United Kingdom, Insolvency & Restructuring, Litigation, Castrén & Snellman, Brexit, UNCITRAL, UK Supreme Court
Authors:
Anna-Kaisa Remes , Mikko Könkkölä
Location:
European Union, Finland, United Kingdom
Firm:
Castrén & Snellman