The European Insolvency Regulation and Implementing Legislations: A Commentary

Name: The European Insolvency Regulation and Implementing Legislations: A Commentary
Brand: Edward Elgar Publishing
SKU: 9781802205206
Price: 3581.24 HKD
Availability: InStock
Author: Gilles Cuniberti; Antonio Leandro
ISBN: 9781802205206

Edited by Gilles Cuniberti · Antonio Leandro

Edward Elgar Publishing May 2024

Specifications

ISBN-13: 9781802205206
Publisher: Edward Elgar Publishing
Publication: May 2024
Format: Hardback
Jurisdiction: U.K. ? Countri(es) for reference only

Details

This authoritative Commentary provides an in-depth evaluation of the legislation regulating cross-border insolvency within the European Union. Bringing together a diverse team of legal scholars and practitioners from across the EU Member States, it delivers incisive dissections of the European Insolvency Regulation (EIR) provisions, which define the jurisdiction of the courts of EU Member States in insolvency proceedings as well as the national law that should be applied, and provide for the automatic recognition of other Member State’s judgements along with a regime of coordination between proceedings opened in different Member States.

Key Features:

Expansive reference to case-law and legal writings
Specific attention to private international law issues
Comprehensive article-by-article analysis of the EIR
Meticulous explanation by leading scholars in the field to aid understanding of each provision
Up-to-date breakdown of the main national implementation legislations of the regulation
Exploration of the interplay between the EIR and the Brussels Ibis Regulation, as well as the relationships with third countries

This Commentary will be a crucial reference tool for practitioners active in cross-border insolvency and restructuring in Europe. It will also prove a key resource for students and scholars of commercial law, company and insolvency law, and European private international law.

Introduction to the European Insolvency Regulation 1; Antonio Leandro; CHAPTER I. GENERAL PROVISIONS; 1.
Scope 25: Fabienne Jault-Seseke; 2.
Definitions 33: Fabienne Jault-Seseke, Gilles Cuniberti, Teun H.D. Struycken, Antonio Leandro, Ilaria Queirolo, Stefano Dominelli,; Robert van Galen; 3.
International jurisdiction 72: Antonio Leandro; 4.
Examination as to jurisdiction 104: Antonio Leandro; 5.
Judicial review of the decision to open main insolvency proceedings 109: Antonio Leandro; 6.
Jurisdiction for actions deriving directly from insolvency proceedings and closely linked with them 116: Antonio Leandro; 7.
Applicable law 137: Patrick Wautelet; 8.
Third parties’ rights in rem 175: Teun H.D. Struycken; 9.
Set-off 211: Matthias Lehmann; 10.
Reservation of title 226: Teun H.D. Struycken; 11.
Contracts relating to immoveable property 233: Zeno Crespi Reghizzi; 12.
Payment systems and financial markets 242: Matthias Lehmann; 13.
Contracts of employment 252: Zeno Crespi Reghizzi; 14.
Effects on rights subject to registration 261: Chiara Enrica Tuo; 15.
European patents with unitary effect and Community trade marks 269: Zeno Crespi Reghizzi; 16.
Detrimental acts 273: Patrick Wautelet; 17.
Protection of third-party purchasers 288: Chiara Enrica Tuo; 18.
Effects of insolvency proceedings on pending lawsuits or arbitral proceedings 296: Patrick Wautelet; CHAPTER II. RECOGNITION OF INSOLVENCY PROCEEDINGS; 19.
Principle 313: Gilles Cuniberti; 20.
Effects of recognition 320: Gilles Cuniberti; 21.
Powers of the insolvency practitioner 327: Gilles Cuniberti; 22.
Proof of the insolvency practitioner’s appointment 333: Gilles Cuniberti; 23.
Return and imputation 336: Ilaria Queirolo and Stefano Dominelli; 24.
Establishment of insolvency registers 350: Anna Hrycaj; 25.
Interconnection of insolvency registers 359: Anna Hrycaj; 26.
Costs of establishing and interconnecting insolvency registers 363: Anna Hrycaj; 27.
Conditions of access to information via the system of interconnection 365: Anna Hrycaj; 28.
Publication in another Member State 368: Anna Hrycaj; 29.
Registration in public registers of another Member State 373: Anna Hrycaj; 30.
Costs 377: Anna Hrycaj; 31.
Honouring of an obligation to a debtor 379: Anna Hrycaj; 32.
Recognition and enforceability of other judgments 386: Gilles Cuniberti; 33.
Public policy 395: Gilles Cuniberti; CHAPTER III. SECONDARY INSOLVENCY PROCEEDINGS; 34.
Opening of proceedings 407: Thomas Mastrullo; 35.
Applicable law 419: Marta Requejo Isidro; 36.
Right to give an undertaking in order to avoid secondary insolvency proceedings 422: Marta Requejo Isidro; 37.
Right to request the opening of secondary insolvency proceedings 442: Thomas Mastrullo; 38.
Decision to open secondary insolvency proceedings 447: Gilles Cuniberti; 39.
Judicial review of the decision to open secondary insolvency proceedings 456: Gilles Cuniberti; 40.
Advance payment of costs and expenses 458: Gilles Cuniberti; 41.
Cooperation and communication between insolvency practitioners 461: Antonio Leandro; 42.
Cooperation and communication between courts 472: Antonio Leandro; 43.
Cooperation and communication between insolvency practitioners and courts 476: Antonio Leandro; 44.
Costs of cooperation and communication 479: Antonio Leandro; 45.
Exercise of creditors’ rights 480: Ilaria Queirolo and Stefano Dominelli; 46.
Stay of the process of realisation of assets 494: Tuomas Hupli; 47.
Power of the insolvency practitioner to propose restructuring plans 499: Tuomas Hupli; 48.
Impact of closure of insolvency proceedings 503: Tuomas Hupli; 49.
Assets remaining in the secondary insolvency proceedings 505: Tuomas Hupli; 50.
Subsequent opening of the main insolvency proceedings 507: Tuomas Hupli; 51.
Conversion of secondary insolvency proceedings 509: Tuomas Hupli; 52.
Preservation measures 512: Tuomas Hupli; CHAPTER IV. PROVISION OF INFORMATION FOR CREDITORS AND LODGEMENT OF THEIR CLAIMS; 53.
Right to lodge claims 516: Ilaria Queirolo and Stefano Dominelli; 54.
Duty to inform creditors 525: Ilaria Queirolo and Stefano Dominelli; 55.
Procedure for lodging claims 540: Ilaria Queirolo and Stefano Dominelli; CHAPTER V. INSOLVENCY PROCEEDINGS OF MEMBERS OF A GROUP OF COMPANIES; Section 1 Cooperation and communication; Section 1 Cooperation and communication 556; Robert van Galen; 56.
Cooperation and communication between insolvency practitioners 557: Robert van Galen; 57.
Cooperation and communication between courts 560: Robert van Galen; 58.
Cooperation and communication between insolvency practitioners and courts 561: Robert van Galen; 59.
Costs of cooperation and communication in proceedings concerning members of a group of: companies 563; Robert van Galen; 60.
Powers of the insolvency practitioner in proceedings concerning members of a group of companies 564: Robert van Galen; Section 2 Coordination; Section 2 Coordination 568; Robert van Galen; Subsection 1 Procedure; Subsection 1 Procedure 570; Robert van Galen; 61.
Request to open group coordination proceedings 571: Robert van Galen; 62.
Priority rule 574: Robert van Galen; 63.
Notice by the court seised 575: Robert van Galen; 64.
Objections by insolvency practitioners 577: Robert van Galen; 65.
Consequences of objection to the inclusion in group coordination 579: Robert van Galen; 66.
Choice of court for group coordination proceedings 580: Robert van Galen; 67.
Consequences of objections to the proposed coordinator 582: Robert van Galen; 68.
Decision to open group coordination proceedings 583: Robert van Galen; 69.
Subsequent opt-in by insolvency practitioners 585: Robert van Galen; 70.
Recommendations and group coordination plan 587: Robert van Galen; Subsection 2 General provisions; 71.
The coordinator 590: Robert van Galen; 72.
Tasks and rights of the coordinator 591: Robert van Galen; 73.
Languages 596: Robert van Galen; 74.
Cooperation between insolvency practitioners and the coordinator 597: Robert van Galen; 75.
Revocation of the appointment of the coordinator 598: Robert van Galen; 76.
Debtor in possession 600: Robert van Galen; 77.
Costs and distribution 601: Robert van Galen; CHAPTER VI. DATA PROTECTION; 78–83 Data protection 603; Fabienne Jault-Seseke; CHAPTER VII. TRANSITIONAL AND FINAL PROVISIONS; 84.
Applicability in time 612: Antonio Leandro; 85.
Relationship to Conventions 615: Fabienne Jault-Seseke; 86.
Information on national and Union insolvency law 619: Antonio Leandro; 87.
Establishment of the interconnection of registers 620: Anna Hrycaj; 88.
Establishment and subsequent amendment of standard forms 622: Antonio Leandro; 89.
Committee procedure 623: Antonio Leandro; 90.
Review clause 624: Antonio Leandro; 91.
Repeal 625: Antonio Leandro; 92.
Entry into force 626: Antonio Leandro; Annex: National implementing legislations of the Insolvency Regulation 627; Bibliography 677