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Austria: How insolvency avoidance actions in Austria could be affected by the proposed EU Directive on harmonisation of insolvency law
Österreich 19/01/2024
Avoidance actions are a household staple for insolvency administrators to increase the insolvency estate in Austria. The current European Commission’s Proposal for a Directive (COM (2022)702) now...
German avoidance actions essentially in line with EU Directive proposal
Deutschland 15/01/2024
Insolvency creditors in Germany do not have much to fear from a harmonisation of avoidance actions in the EU. They are used to rigid statutory provisions.Whereas the European Commission's Proposal for...
Harmonisation of insolvency avoidance in Europe
Europe 10/01/2024
This article continues our Law-Now series "Harmonisation of Insolvency Laws in the EU" in which we provide an overview of the articles addressing insolvency avoidance actions of the draft EU directive.As...
EU's Cross-Border Overhaul: Unveiling the Legal obligations and Initial Insights
International 21/12/2023
Directive 2019 /2121 governing cross-border reorganisation operations (mergers, demergers, transfers of registered offices) was implemented during 2023 into the domestic laws of the various countries of...
Pre-pack insolvency and restructuring options in Hong Kong
Hong Kong 13/11/2023
Hong Kong is the only common law jurisdiction within the People’s Republic of China and one of the few financial centres in the world without a formal rescue mechanism in its legislation. Hong Kong...
Pre-Packed Schemes of Arrangement: the Singapore Approach
Singapur 02/11/2023
In 2018, Singapore enacted the Insolvency, Restructuring and Dissolution Act (IRDA 2018), which streamlined its debt restructuring regime by consolidating provisions previously set out in various statutes...
Pre-Pack procedure: A possible factor in Chilean bankruptcy legislation?
Chile 20/10/2023
What is the practical application of the "Pre-Pack" procedure?The "Pre-Pack" procedure is an option available to a company facing a severe financial situation, but still possesses a profitable business...
Towards the incorporation of Pre-Packs in Peruvian legislation
Peru 13/10/2023
Peruvian legislation does not formally encompass the possibility of entering into pre-pack agreements with creditors. Nevertheless, it does include other mechanisms that allow companies to reach agreements...
Pre-pack proceedings in Colombia
Kolumbien 13/10/2023
Pre-pack proceedings involve the negotiation for the sale of one or more productive units of a debtor company to a third party. This sale aims to satisfy the obligations of the creditors of said company...
Exploration of Pre-Pack Insolvency Procedures in Türkiye
Türkei 03/10/2023
On 7 December 2022, the European Commission published a draft directive aimed at harmonizing certain aspects of insolvency law. The intention behind this directive is to mandate the inclusion of "pre-pack...

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Austria: How insolvency avoidance actions in Austria could be affected by the proposed EU Directive on harmonisation of insolvency law

German avoidance actions essentially in line with EU Directive proposal

Harmonisation of insolvency avoidance in Europe

EU's Cross-Border Overhaul: Unveiling the Legal obligations and Initial Insights

Pre-pack insolvency and restructuring options in Hong Kong

Pre-Packed Schemes of Arrangement: the Singapore Approach

Pre-Pack procedure: A possible factor in Chilean bankruptcy legislation?

Towards the incorporation of Pre-Packs in Peruvian legislation

Pre-pack proceedings in Colombia

Exploration of Pre-Pack Insolvency Procedures in Türkiye

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