Update on the European Insolvency Regulation 2015/848 by Myriam Mailly

First of all, a new consolidated version of the EIR Recast has been published on 26 July 2018 to reflect the changes introduced by the Regulation (EU) 2018/946 of 4 July 2018, replacing Annexes A and B to Regulation (EU) 2015/848 on insolvency proceedings (OJ L 171, 06.07.2018, p. 1-10).

The Regulation (EU) 2018/946 which entered into force on 26 July 2018 was adopted following the notifications from Belgium, Bulgaria, Croatia, Latvia and Portugal to the European Commission, related to recent changes to their domestic laws that introduce new types of insolvency proceedings or insolvency practitioners.