Abstract
Despite withdrawing from the EU, the UK has continued to align its corporate insolvency framework to international best practices, including those provided by the European Union in the European Preventive Restructuring Directive 2019/1023 (‘EU PRD 2019’).
The purpose of this Chapter is to assess the degree of cross-fertilisation between the EU and UK preventive restructuring frameworks. The purpose of this analysis is to assess the impact that recent reforms have had on professional practice and identify areas ripe for further regulatory reform.
The purpose of this Chapter is to assess the degree of cross-fertilisation between the EU and UK preventive restructuring frameworks. The purpose of this analysis is to assess the impact that recent reforms have had on professional practice and identify areas ripe for further regulatory reform.
| Original language | English |
|---|---|
| Title of host publication | Implementation of the Preventive Restructuring Directive - Part I |
| Subtitle of host publication | Business & Law Research Network Series, Part 1 |
| Editors | Gert-Jan Boon, Harold Koster, Reinout Vriesendorp |
| Place of Publication | Den Haag |
| Publisher | Eleven International |
| Chapter | 8 |
| Pages | 141 |
| Number of pages | 174 |
| ISBN (Electronic) | 9789400113596 |
| ISBN (Print) | 9789047301868 |
| Publication status | Published - 2023 |
Keywords
- insolvency
- preventive restructuring
- European Law
- restructuring plans
- corporate rescue
- Brexit
