Regulation No 1346/2000 of 29 May 2000 (EIR) is the cornerstone of European insolvency law. The Regulation, which is directly applicable in all Member States, is the legal basis for cross-border insolvencies within the European Union. Paving the way for a new European insolvency law, the Heidelberg-Luxembourg-Vienna Report carries out a comprehensive legal and empirical evaluation of European insolvency law practice in the Member States. Based on thorough analyses the general reporters evaluate the Regulation and provide recommendations for its current revision. General reporters Professor Burkhard Hess (Luxembourg/Heidelberg), Dr Christian Koller (Vienna), Dr Bjoern Lankemann (Heidelberg/Luxembourg), Dr Robert Magnus (Heidelberg), Professor Paul Oberhammer (Vienna/London/St Gallen), Professor Thomas Pfeiffer (Heidelberg), Professor Andreas Piekenbrock (Heidelberg), Michael Slonina (Vienna) National reporters Dr Krista Pisani Bencini (Valletta), Samantha Bewick (London), Prof Dr Eric Bylander, LLD (Uppsala), Dr Rosanne Bonnici (Valletta), Prof Dr Remo Caponi (Florence), Mgr Slavomir M.Eauder (Prague), Dr Jeanette Ciantar (Valletta), Prof Dr Zoltaa Csehi (Budapest), Prof Dr Gilles Cuniberti, LLM (Luxembourg), Prof Dr Ales Galie (Ljubljana), Prof Dr Francisco Garcimartin (Madrid), Prof Dr Ivan Heredia (Madrid), Prof Burkhard Hess (Luxembourg/Heidelberg), Dr Laura Kirilevieiute (Lithuania), Prof Dr Nikolaos Klamaris (Athens), Dr Bjoern Laukemann (Heidelberg/Luxembourg), Dennis Lievens, LLM (Heidelberg), Prof Dr Tuula Linna, LLD (Lapland), Dr Robert Magnus (Heidelberg), Prof Dr Federico M Mucciarelli (London), Dr Carl Friedrich Nordmeier (Wiesbaden), Dr Ailbhe O'Neill (Dublin), Nina Orehek (Ljubljana), Polina Pavlova (Luxembourg), Joanna Perkins (London), Prof Thomas Pfeiffer (Heidelberg), Prof Andreas Piekenbrock (Heidelberg), Dr Tomas Richter (Prague), Veronika Sajadova (Latvia), Mag Gottfried Schellmann (Vienna), Christopher Seagon (Heidelberg), Kristina Sirakova (Luxembourg), Michael Slonina, LLM (Vienna), Prof Dr Elisa Torralba (Madrid), Prof Dr Paul Varul (Tartu), Prof Dr PM Michael Veder (Nijmegen), Dr Signe Viimsalu (Tallinn), Gheorghe-Liviu Zidaru (Bucharest)

The study is a result of a collaborative research project addressing "The Implementation of the New Insolvency Regulation - Improving Cooperation and Mutual Trust". The project was undertaken by the Max Planck Institute Luxembourg for Procedural Law, the University of Vienna and the University of Milan, and co-funded by the European Union as part of the Commission's Action Grants 2013 for Civil Justice. The focus of the study concerns specific issues of cross-border insolvencies under the recast of the Insolvency Regulation which already has been prepared by a large part of the contributing authors in the Heidelberg-Vienna-Luxembourg Report. The study is comprised of three major topics: 1.The Regulation's extended scope of application, including pre-insolvency and hybrid proceedings, the relationship between Article 1(1) of the Regulation and its Annex A, as well as the interplay between the Insolvency Regulation and the Brussels Ibis Regulation; 2.the cooperation between main and secondary insolvency proceedings, the new instruments, such as "synthetic proceedings", destined to avoid or postpone the opening of secondary proceedings, further the cooperation between administrators and courts of different proceedings as well as protocols to enhance cooperation; 3.insolvencies of groups of companies, with a particular focus on jurisdiction, COMI-migration, "group coordination proceedings" and other instruments of coordination.