EU-context of the Stabilization Procedure under the New Part Five of the Commercial Code Cover Image

Общностноправен контекст на производството по стабилизация на търговец според новата част пета на Търговския закон
EU-context of the Stabilization Procedure under the New Part Five of the Commercial Code

Author(s): Ekaterina Mateeva
Subject(s): Law, Constitution, Jurisprudence, Civil Law, EU-Legislation
Published by: Нов български университет
Keywords: Preventive restructuring frameworks; Likelihood of trader’s insolvency; Preventive restructuring (Stabilization) procedure; Prevention of insolvency; Level of harmonization

Summary/Abstract: concerning the need of a wide range of harmonized measures for early intervention before a trader gets into serious economic difficulties. These instruments of EU law are designed to ensure that viable business parts are preserved, where companies cannot be otherwise saved. They are applicable to debtors in financial difficulty when there is a likelihood of insolvency.Special attention is paid to the Proposal for a Directive of the European Parliament and of the Council on preventive restructuring frameworks, second chance and measures to increase the efficiency of restructuring, insolvency and discharge procedures and amending Directive 2012/30/EU.

  • Issue Year: 5/2016
  • Issue No: 6
  • Page Range: 42-71
  • Page Count: 30
  • Language: Bulgarian