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Council agreed on a general approach on the proposal for a Directive on insolvency, restructuring and second chance

Date: 26/10/2018
Subject: Insolvency law
Written by: CFL

On 11 October 2018, the Justice and Home Affairs Council has agreed on a general approach on the proposal of the Commission (22 November 2016) for a Directive on “preventive restructuring frameworks, on discharge of debt and disqualifications and measures to increase the efficiency of procedures concerning restructuring, insolvency and discharge of debt”. The general approach goes further than the partial general approach that was reached during the Council meetings on 4 and 5 June ..

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