NAČELA EVROPSKOG STEČAJNOG PRAVA SA POSEBNIM OSVRTOM NA EVROPSKU REGULATIVU O STEČAJNIM POSTUPCIMA
THE PRINCIPLES OF BANKRUPTCY LAW WITH A SPECIAL REVIEW OF EUROPEAN REGULATIVE ON BANKRUPTCY PROCEDURES
Author(s): Miloš BaltićSubject(s): Law, Constitution, Jurisprudence, EU-Legislation, Commercial Law
Published by: Удружење за европско право - Центар за право Европске уније
Keywords: Regulation 1346/2000; insolvency law; bankruptcy; cross-border insolvency
Summary/Abstract: Regulation 1346/2000 will improve the efficiency and effectiveness of cross-border bankruptcy proceedings. It will also increase the volume of collection of funds into the bankruptcy estate as well as other funds available to bankruptcy trustees. Some of its parts will create the need for new domestic instruments, especially those concerning the procedure for opening secondary proceedings, translation of forms and certificates of debts as well as for informing creditors. In the present, there are fewer and fewer large bankruptcies that do not exceed the borders of a single state. Therefore, Regulation 1346/2000 will become an important framework for bankruptcy practitioners and all those affected by loans and other economic transactions that cross national borders.
Journal: Revija za evropsko pravo
- Issue Year: 5/2003
- Issue No: 1-3
- Page Range: 43-63
- Page Count: 21
- Language: Serbian