Europe: Commission consultation on the EU insolvency law framework

The European Commission has launched a consultation on insolvency law, in the context of its work developing proposals for the deepening of the capital markets union: see here. The consultation's main purpose is to seek views on the efficient organisation of debt restructuring procedures and the rationale and process for debt discharge for entrepreneurs. But views are also sought on aspects of the insolvency law framework relevant for the internal market and capital markets.