Monday 8 July 2013

Europe: Commission consults on insolvency law harmonisation

The European Commission has begun a consultation seeking views on the need for, and feasibility of, harmonising certain aspects of insolvency law: see here. The consultation is part of work the purpose of which is to develop a rescue and recovery culture across the Member States. Amongst the questions on which the Commission seeks views are several concerning the duties, liability and disqualification of company directors.

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