The lack of harmonised insolvency laws has long been regarded as one of the greatest obstacles to the free movement of capital in the EU in general and to cross-border investments, insolvency proceedings and restructuring in particular.

Die EU-Kommission hat einen Richtlinienentwurf u.a. zur verpflichtenden Aufnahme eines „Pre-pack-Verfahrens“ in die nationalen Insolvenzgesetze vorgelegt.

Die Entscheidung des BGH zur Wirksamkeit insolvenzabhängiger Lösungsklauseln könnte der Grundstein einer neuen Linie in der Rechtsprechung werden.

Introduction
Source of delay
Comment

Introduction

Information utilities (IUs) established under the Insolvency and Bankruptcy Code provide authenticated information about debt and default, which an adjudicating authority can rely on as evidence of money owed by the company facing insolvency.

Introduction
Delays at plan approval stage
Measures to reduce delays

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Introduction
Decision
Comment

Introduction

Introduction
Corporate debt discharge
Jurisdictional challenges
Asset tracing
Comment

Introduction

Introduction
Key legal issues
Comment

Introduction

Introduction
Practical implications
Comment

Introduction

What is likely to be proposed?
What is the likely impact of these proposals?

Following the finance minister's speech proposing the Union Budget 2022, Parliament is likely to consider further amendments to the Insolvency and Bankruptcy Code 2016 (IBC) in 2022.