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    What insolvency actors need to know before applying the Regulation (EU) 2015/848 on insolvency proceedings which entered into force on 26 June 2017 (Part 3)?


    For the full text of the Article entitled "Applying the regulation (EU) 2015/848 on insolvency proceedings", see Eurofenix Winter edition 2017/2018.

    EN version (here)

    FR version (here)

     

     

    PART 3 - RELEVANT TEXTS ON COOPERATION AND COMMUNICATION BETWEEN INSOLVENCY PRACTITIONERS

     

     

    UNCITRAL EXPLANATORY TEXTS

     

    UNCITRAL Practice Guide on Cross-Border Insolvency Cooperation (2009)

     

    The Practice Guide on Cross-Border Insolvency Cooperation provides information for insolvency practitioners and judges on practical aspects of cooperation and communication in cross-border insolvency cases, in particular through the use of cross-border insolvency agreements in accordance with the requirements of applicable laws.

     

    The text is available at: 

    http://www.uncitral.org/uncitral/en/uncitral_texts/insolvency/2009PracticeGuide.html

     

     
     

    INTERNATIONAL INSOLVENCY INSTITUTE PROTOCOLS DATABASE

     

    Database made public through the ‘Insolvency Protocols Project’ of the University of Leiden (Netherlands) :

    http://www.tri-leiden.eu/project/categories/insolvency-protocols-project/

     

     

     

    EUROPEAN COMMUNICATION & COOPERATION GUIDELINES FOR CROSS-BORDER INSOLVENCY

     

    Guidelines written by Professor Bob WESSELS and Professor Miguel VIRGÓS for the application of the European Insolvency Regulation 1346/2000.

     

    The text is available here and at:

    https://www.insol-europe.org/publications/technical-series-publications
     

    Please note a proposal to review the Guidelines recently came from the Conference of European Restructuring and Insolvency Law (CERIL). In a pioneering cooperation with INSOL Europe, a Joint Working Group has been set up to review the Guidelines in light of recent practice led by Tomáš Richter (Linklaters LLP/Charles University) and Paul Omar (INSOL Europe), assisted by representatives of academia, judiciary and practice belonging to both organisations. 

     

    The scope of the review will focus on the duty to cooperate and communicate in Articles 41, 43, 56 and 58 of the Recast EIR, which operate in the single debtor and group contexts.
     

    The intention is to present a working draft of second generation Guidelines at the INSOL Europe Annual Congress in Athens in 2018.

     

     

     

    NATIONAL TEXTS DEALING WITH THE APPLICATION OF THE EIR 2015/848 IN THEIR HOME COUNTRY

     

    FRANCE

    Ordinance n°2017-1519 of 2nd November 2017

     

    Official text: https://www.legifrance.gouv.fr/affichTexte.do?cidTexte=JORFTEXT000035943870&dateTexte=&categorieLien=id
     

    Corrigendumhttps://www.legifrance.gouv.fr/affichTexte.do?cidTexte=JORFTEXT000035998555&categorieLien=id
     

    Decree n°2018-452 of 5th June 2018 : https://www.legifrance.gouv.fr/eli/decret/2018/6/5/JUSC1805371D/jo/texte


    ENGLAND & WALES

    The Insolvency (England and Wales) Rules 2016 (2016 No. 1024)http://www.legislation.gov.uk/uksi/2016/1024/part/21/made

    The Insolvency (England and Wales) and Insolvency (Scotland) (Miscellaneous and Consequential Amendments) Rules 2017 (2017 No. 1115):
    http://www.legislation.gov.uk/uksi/2017/1115/contents/made