Juridisk Institut

The European Union preventive restructuring framework: A hole in one?

Publikation: Bidrag til tidsskrift/Konferencebidrag i tidsskrift /Bidrag til avisTidsskriftartikelForskningpeer review


  • David Christoph Ehmke, Kammergericht, Berlin, Tyskland
  • Jennifer L.L. Gant, JCOERE Project, University College Cork, Storbritannien
  • Gert-Jan Boon, Department of Company Law, Leiden Law School, Holland
  • Line Herman Langkjær
  • Emilie Ghio, School of Law, Birmingham City University, Storbritannien

While traditionally (Continental) Europe has not been known for an in particular debtor- or restructuring-friendly insolvency practice, in recent decades, important reforms were implemented that would foster restructurings in Europe. In this article, we comparatively look a the status quo of insolvency and restructuring practice in five different European countries (Denmark, France, Germany, Netherlands, UK). We place our observations into the context of the preventive restructuring directive, to be implemented within the next two years after its publication on 26 June 2019. The directive leaves quite some room implementation, from a watered-down restructuring tool with high access threshold to a pre-insolvency debtor-friendly US-style restructuring procedure.

TidsskriftInternational Insolvency Review
Sider (fra-til)184-209
Antal sider26
StatusUdgivet - 2019

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