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Also: EU’s 2016 Work Programme reflects Juncker mantra to limit the amount of legislation; and more...
Two court decisions, two conclusions...
The extent to which rules governing bankruptcy can be applied also to concordato preventivo.
EU, US and China must agree a trade compromise between equals...
Also: assets built on a state maritime property area; and more.
Receiver can terminate pending contracts...
Huawei, ZTE and a patent declared essential by telecoms institute.
Italian firms, not content with just servicing their homegrown clients, have decided to stake out new territory in China, London and New York.
Also: Spain fined for excessive debt; and more...
Creditors now being allowed to make competing concordato proposals means that the exclusive powers of the debtor are restricted.
No amendment to plan can now be made by debtor after voting.
The available remedies.
Other party to contract must always be heard on petition filed by the debtor, and other changes.
Also: a unified European rail market – good luck with that; restrictions on freedom in Italy; and more.
…in the interests of a company.
A debtor can cram down an agreement to dissenting minority lenders.
Expert calls regulation based on one-stop-shop an “illusion”.
The ECJ has held a secondary insolvency proceeding in the member state where the debtor has its registered office may be opened at the request of creditors entitled under the law of that state.
Across the EUniverse, issue 1: e-books VAT battle; freedom of personal data; shareholders’ rights revisited; and more
Legal implications of the latest moves in Brussels.
Better payouts to all creditors.