E-filing for insolvency proceedings
E-filing for insolvency proceedings to become mandatory from 25 April 2017
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The recast European Insolvency Regulation: impact on distressed debt investors
What's happening?
In 2002, the European Insolvency Regulation (EIR) introduced a regime governing the administration of insolvent corporates or individuals which operate in more than one member state of the European Union (EU). A "recast EIR" will apply to insolvency proceedings commenced on or after 26 June 2017.