No passado mês de Março de 2017, o Conselho de Ministros aprovou um conjunto de diplomas que terão como objetivo agilizar o processo de reestruturação empresarial, criando melhores condições para a sobrevivência de empresas consideradas economicamente viáveis.
On the last 16th of March 2017, the Portuguese government Council of Ministers approved a set of laws and amendments to the law that will aim to streamline the process of corporate restructuring, creating better conditions for the survival of companies considered economically viable.
The reform of the European insolvency regulation (EIR) comes into force in mid-2017. Inter alia, it will alter the rules on which jurisdiction is competent to open insolvency procedures.
Legal Background
If a debtor needs to file for insolvency, there are two main ways of manipulating the existing legal competence rules:
The regime for dealing with insolvency proceedings within the European Union (EU) is about to become more coordinated. The timing is ironic given that the change will take place in the period leading up to the March 2019 exit of the United Kingdom from the EU.
Anders als die Insolvenzordnung, sieht die EU-Richtlinie zum vorinsolvenzlichen Sanierungsverfahren keine Einschränkung der Arbeitnehmerrechte vor.
Introduction
The European Association of Certified Turnaround Professionals (EACTP) organized an evening of debate about the proposed new European Directive on business insolvency held in Brussels on May 2nd at the offices of Squire Patton Boggs. Salla Saastamoinen, the European Commission Director of the Civil and Commercial Justice Unit, attended the event called A New European Restructuring Regime in a Changing World and met turnaround professionals from across Europe.
The qualification of a right as a 'right in rem' (zakelijk recht), within the meaning of Article 5 of Regulation No 1346/2000 of 29 May 2000 on insolvency proceedings (the "Regulation") must be determined according to the law of the place where the asset concerned is situated and the right in rem must satisfy certain criteria set out in Article 5(2) of the Regulation.
Il 5 aprile scorso l’Avvocato Generale Campos Sànchez-Bordona (AG) ha rassegnato le proprie conclusioni nell’ambito della causa C-245/16 pendente innanzi alla Corte di Giustizia (CdG) e instaurata su un rinvio pregiudiziale da parte del TAR Marche.