Insolvency proceedings of members of a group of companies

Abstract

The author in the article entitled “Insolvency proceedings of members of a group of companies” analyses selected issues relating to the cross-border effects of insolvency proceedings against members of a group of companies under the Regulation (EU) 2015/848 of the European parliament and of the Council of 20 May 2015 on insolvency proceedings (recast). The author deals with the fundamental rules which are applicable in the practice of insolvency proceedings of multinational companies. The author also refers to the related possible problems which occurres in the application practice and at the end of the article formulates suggestions de lege ferenda. The aim of the article is to analyse the specificities relating to insolvency proceedings of members of group of companies in the Member States of the European Union under the European insolvency regulation (recast).