The Recast Insolvency Regulation (Regulation (EU) No. 2015/848)

Introduction A good point of departure is that Insolvency Law Cyprus constitutes an integral part of a nation’s public Economic order. Although, the various state proceedings differ from nation to nation, the common denominator that the legal order of Insolvency as it appears in the various legal systems, is always consider being a nation specific function. It is for this reason that Insolvency consulations are not easily suitable for internationalization especially when a company, a corporate debtor, is established in several European States, and the opening of insolvency proceedings raise questions as to which court has jurisdiction, what is the applicable...