EU AND INTERNATIONAL INSOLVENCY PROCEEDINGS REGULATION (EU) 2015/848 ON INSOLVENCY PROCEEDINGS. COMMENTARY

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F20%3A10245370" target="_blank" >RIV/61989100:27510/20:10245370 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
EU AND INTERNATIONAL INSOLVENCY PROCEEDINGS REGULATION (EU) 2015/848 ON INSOLVENCY PROCEEDINGS. COMMENTARY
Original language description
Practical experience shows that globalisation and free movement have the result that more than sixty percent of insolvency cases involve an international (cross-border) dimension, albeit latent or concealed and hard-to-detect. Insolvency proceedings were a pillar and a political touchstone of judicial cooperation in Europe even under the legislation preceding Regulation (EU) 2015/848 of the European Parliament and of the Council (i.e. Council Regulation /EC/ No 1346/2000). It is one of the legally and economically most important, but also most complicated areas. Moreover, Regulation (EU) 2015/848 of the European Parliament and of the Council on insolvency proceedings applies regardless of the presence or absence of any international dimension in the respective insolvency case and application of the Regulation as a directly applicable law prevails over insolvency laws of national origin; these principles are not yet firmly rooted in public awareness. Moreover, the new EU Insolvency Regulation, now applicable to proceedings opened in or after June 2017, contains a number of substantive and procedural instruments and mechanisms unknown to Czech law and other jurisdictions.
Czech name
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Czech description
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Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2020
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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