This article was originally published in RECOVERY Magazine, Summer 2017 and is reproduced with permission from the publisher.
Catherine Burton brings an update on the Recast European Insolvency Regulation.
The recast Insolvency Regulation (Regulation (EU) No. 2015/848) (the recast regulation or EIR) was adopted by the European Parliament and Council on 20 May 2015. This article is a reminder of the key changes commencing on or after 26 June 2017.