The Commission wants to help businesses overcome financial difficulties in case of bankruptcy, while at the same time maximising the value received by other parties concerned. An appropriate insolvency framework would be an essential element of a good business environment and would therefore in the Commission's view be important for jobs and growth. This consultation seeks stakeholders' views on key insolvency aspects.
This guide is the result of several years’ work led by the European Expertise and Expert Institute (EEEI) with the support of the European Commission’s DG Justice.
On 9-10 November 2015 ENCJ organised a regional Timeliness seminar in Bucharest for the Central and South Eastern countries. The seminar was the 3rd in a series of 4 seminars. Participants came from the Judicial Councils and authorities of Albania, Bulgaria, Czech Republic, Greece, Hungary, Montenegro, Romaina, Slovenia and Slovakia. The CEPEJ and the European Commission also attended and addressed the participants. The meeting was chaired by ENCJ coordinator Mr Niels Grubbe of Denmark and hosted by the Romanian CSM.