Directive on Preventive Restructuring Frameworks: Political compromise in the trilogue talks and imminent adoption by Prof. Reinhard Bork

After more than two years of intensive discussions in politics and science, the adoption of the Directive of the European Parliament and of the Council on preventive restructuring frameworks, second chance and measures to increase the efficiency of restructuring, insolvency and discharge procedures and amending Directive 2012/30 shortly lies ahead.