Center of Main Interest (COMI) Principle in the New EU Regulation on Insolvency Proceedings

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Center of Main Interest (COMI) Principle in the New EU Regulation on Insolvency Proceedings

Popis výsledku v původním jazyce

Definition according to which the COMI shall be the place where the debtor conducts the administration of its interests on a regular basis and which is ascertainable by third parties is moved from the recitals to the main body of the Regulation (EU) 2015/848 (the Regulation). Under the Regulation the place of the registered office is still presumed to be the debtor's COMI, but now such presumption shall only apply if the registered office has not been moved to another Member State within a 3-months period prior to the request for the opening of insolvency proceedings. Furthermore, the new law adds a recital that clarifies the circumstances in which the presumption that the COMI of a legal entity is located at the place of its registered office can be rebutted. Special provision applies for natural persons. In the case of an individual exercising an independent business or professional activity, the center of main interest shall be that individual's principal place of business; in the case of any other individual the centre of main interests shall be the place of the individual's habitual residence. The habitual residence became in course of the past decade the most important connecting element determining the status of natural persons in terms of the EU law (not only in insolvency proceedings).

Název v anglickém jazyce

Center of Main Interest (COMI) Principle in the New EU Regulation on Insolvency Proceedings

Popis výsledku anglicky

Definition according to which the COMI shall be the place where the debtor conducts the administration of its interests on a regular basis and which is ascertainable by third parties is moved from the recitals to the main body of the Regulation (EU) 2015/848 (the Regulation). Under the Regulation the place of the registered office is still presumed to be the debtor's COMI, but now such presumption shall only apply if the registered office has not been moved to another Member State within a 3-months period prior to the request for the opening of insolvency proceedings. Furthermore, the new law adds a recital that clarifies the circumstances in which the presumption that the COMI of a legal entity is located at the place of its registered office can be rebutted. Special provision applies for natural persons. In the case of an individual exercising an independent business or professional activity, the center of main interest shall be that individual's principal place of business; in the case of any other individual the centre of main interests shall be the place of the individual's habitual residence. The habitual residence became in course of the past decade the most important connecting element determining the status of natural persons in terms of the EU law (not only in insolvency proceedings).

Druh

D - Stať ve sborníku

CEP obor

AG - Právní vědy

OECD FORD obor

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Projekt

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Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2016

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název statě ve sborníku

Proceedings of the 3rd International Conference on European Integration 2016 : ICEI 2016 : [Part 1-2] : May 19-20, 2016, Ostrava, Czech Republic

ISBN

978-80-248-3911-0

ISSN

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e-ISSN

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Počet stran výsledku

13

Strana od-do

80-92

Název nakladatele

VŠB - Technická univerzita Ostrava

Místo vydání

Ostrava

Místo konání akce

Ostrava

Datum konání akce

19. 5. 2016

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

000387986300008