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


For the full text of the Article entitled "Applying the regulation (EU) 2015/848 on insolvency proceedings", see Eurofenix Summer edition 2017, pp. 44-45.
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Last update: 27th August 2018

 

PART 1 - OFFICIAL TEXTS AND RELEVANT INFORMATION FOR THE APPLICATION OF THE EIR 2015
 


 TEXT OF THE INSOLVENCY REGULATION RECAST (and amended Annexes)
 

Regulation (EU) 2015/848 of the European Parliament and of the Council of 20 May 2015 on insolvency proceedings, OJEU L 141 of 5.6.2015, p. 19-72.

http://eur-lex.europa.eu/legal-content/en/TXT/?uri=CELEX%3A32015R0848 
 


Corrigendum to Regulation (EU) 2015/848 of the European Parliament and of the Council of 20 May 2015 on insolvency proceedings, OJEU L 349 of 21.12.2016, p. 9.

http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32015R0848R(02)

Regulation (EU) 2017/353 of the European Parliament and of the Council of 15 February 2017 replacing Annexes A and B to Regulation (EU) 2015/848 on insolvency proceedings, OJEU L 57 of 03.03.2017, p. 19-30.

 

Regulation (EU) 2018/946 of the European Parliament and of the Council of 4 July 2018 replacing Annexes A and B to Regulation (EU) 2015/848 on insolvency proceedings, OJ L 171, 6.7.2018, p. 1-10 (date of effect: 26/07/2018).

 

This Regulation was adopted following the notifications from Belgium, Bulgaria, Croatia, Latvia and Portugal relating to recent changes to their domestic law that introduce new types of insolvency proceedings or insolvency practitioners. 

 

The full text is available here.


Latest consolidated version of the Regulation (EU) 2015/848 on insolvency proceedings (as at 27 July 2018):
https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02015R0848-20180726




 STANDARD FORMS

 

Commission implementing Regulation (EU) 2017/1105 of 12 June 2017 establishing the forms referred to in Regulation (EU) 2015/848 of the European Parliament and of the Council on insolvency proceedings ('Standard forms'):
http://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:32017R1105 where you will find standard forms in application of:
- Article 54(3) of Regulation (EU) 2015/848 (Annexe 1 - Notice of insolvency proceedings to be used to inform known foreign creditors of the opening of insolvency proceedings);

- Paragraphs 1 to 3 of Article 55 of the EIR recast (Annexe 2 - Standard claims form which may be used by foreign creditors for the lodgement of claims);

- Article 64(2) of Regulation (EU) 2015/848 (Annexe 3 - Objections of insolvency practitioners appointed in respect of group members with regard to group coordination proceedings);

- Article 27(4) of the EIR recast (Annexe 4 - Request for access to information concerning natural person contained in insolvency registers).




 

 INFORMATION ON DOMESTIC LEGISLATIONS/REGISTERS




Updated information relating to national and Union insolvency law on the basis of Article 86 EIR 2015 (recast):

 

                        Additional information from the INSOL Europe EU Relations Working Group:

                          ➵ Information on the outcomes of national insolvency proceedings within the scope of the EIR Recast available here.

                           Information on the national insolvency data by outcomes available here.

                           Information on the national texts dealing with the concrete application of the EIR 2015 (recast) available here.



Pilot project regarding the establishment and interconnection of national insolvency registers involving the following Member States: Austria, the Czech Republic, Estonia, Germany, Latvia, the Netherlands, Slovenia and Romania: