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European Preventive Restructuring - An Article-by-Article Commentary (Hardcover)
Loot Price: R8,134
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European Preventive Restructuring - An Article-by-Article Commentary (Hardcover)
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The European Directive (Directive (EU) 2019/1023 of the European
Parliament and of the Council of 20 June 2020 on preventive
restructuring frameworks, on discharge of debts and
disqualification, and on measures to increase the efficiency of
procedures concerning restructuring, insolvency and discharge of
debt) has to be transposed into national legislation by 26 June
2021. The main features of the Directive are: - the obligatory
making available of early warning systems; - the obligatory
creation of an insolvency avoidance mechanism; - the determination
of certain insolvency related officers' duties; - the
uniformisation of discharge rules among member states; and -
measures to increase the national insolvency laws' efficiency In
this book a team of European-wide recognised, experienced
insolvency law experts, some of whom had been involved in the
drafting process of the Directive, analyse the Directive. The
authors focus not only on the officials tasked in the national
surroundings with drafting the national statutes but also on the
wider implications which, one way or the other, will be national
law. The commentary, thus, serves also the purposes of
practitioners and judges in the field of restructuring.
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