European Union: Insolvency/Bankruptcy

When a winding up application is filed in Malta, the company doesn't immediately enter liquidation, but certain legal protections activate. Under the Companies Act, the court has discretion to stay ongoing judicial proceedings against the company during this interim period. This mechanism preserves the company's position and ensures all creditors are treated fairly in accordance with insolvency rules.

Failure to remit employee social security contributions in Germany may trigger personal criminal and civil liability of managing directors under Section 266a German Criminal Code.

Debt is not separately defined for Belgian tax purposes, hence in principle the civil law definition prevails.

Shareholding as a Service (SaaS) restores decisiveness in stuck workout situations. Temporary, professionally mandated ownership stabilises the shareholder layer...

For decades, JSW has been a symbol of industrial strength and the backbone of the European coal market. As the largest producer of coking coal in the EU...

One of the most critical consequences of a company being declared bankrupt or being registered in the Electronic Insolvency Registry (EIR)...

Directors of a Dutch company that have not yet prepared and/or adopted the annual accounts for the financial year 2024, please pay attention!

On 10 December 2025, the Central Bank of Ireland (Central Bank) published feedback to industry regarding the key lessons learned from its thematic inspection...

Den Haag, 21 november 2025 - De rechtbank Den Haag heeft op dinsdag 18 november 2025 het faillissement uitgesproken van Hermanos Horeca B.V.