European Union: Insolvency/Bankruptcy

In this article we examine which debts appear to constitute exceptions to the rule of discharge in bankruptcy. In other words, which debts the bankrupt does not shed even after the lapse of three years...

Pre-packaged sales, or "pre-packs," have long been utilized in the United Kingdom and the United States as a restructuring mechanism that enables the sale of a distressed business to be arranged...

Insolvency practitioners, including insolvency administrators, often face a debtor who...

On 28 July 2025, the European Commission launched an in-depth investigation under the Foreign Subsidies Regulation (Regulation (EU) 2022/2560, EU-FSR) to review the proposed acquisition of Covestro AG by Abu Dhabi National Oil Company PJSC.

In the context of Cyprus' personal insolvency law (Cap. 5/the "Law"), the concept of mutual set-off plays a crucial role in the settlement of debts and credits between...

Following the entry into force of the Luxembourg law of 7 August 2023 on business continuation and modernisation of bankruptcy law (the "Law") on 1 November 2023, the Luxembourg courts have handed down several decisions clarifying the scope of application of judicial reorganisation proceedings.

With entry into force of the Act on the Stabilization and Restructuring Framework for Enterprises (StaRUG) on January 1, 2021, an independent preventive restructuring framework was established to complement existing insolvency law.

Mit dem Inkrafttreten des Gesetzes über den Stabilisierungs- und Restrukturierungsrahmen für Unternehmen (StaRUG) am 1. Januar 2021 wurde ein eigenständiger präventiver Restrukturierungsrahmen geschaffen.

The current economic situation is causing an increasing number of lessees to have concerns about the financial situation of their lessors and the stability of their lease rights.