The fate of the practitioners in procedures conerning restructuring, faced with the future Directive on Preventive Restrucuring Frameworks by Emmanuelle Inacio

After the Niebler’s Report on the European Commission’s Directive Proposal on preventive restructuring frameworks1 was endorsed by the plenary meeting of the European Parliament on 12 September 2018 and the Council (Justice and Home Affairs) adopted its General Approach during its meeting on 11 October 2018, the co-legislators have successfully concluded their Trilogue.

The Committee of the Permanent Representatives of the Governments of the Member States to the European Union (COREPER) confirmed the final compromise text of the Council of 17 December 2018 based on the feedback of the Member States and the discussions with the European Parliament which was approved by the Committee on Legal Affairs of the European Parliament on 23 January 2019.