Regulation (EU) 2015/848 of the European Parliament and of the Council of 20 May 2015 on insolvency proceedings (recast)
Article 60
Powers of the insolvency practitioner in proceedings concerning members of a group of companies
An insolvency practitioner appointed in insolvency proceedings opened in respect of a member of a group of companies may, to the extent appropriate to facilitate the effective administration of the proceedings:
- (a) be heard in any of the proceedings opened in respect of any other member of the same group;
- (b) request a stay of any measure related to the realisation of the assets in the proceedings opened with respect to any other member of the same group, provided that:
- (i) a restructuring plan for all or some members of the group for which insolvency proceedings have been opened has been proposed under point (c) of Article 56(2) and presents a reasonable chance of success;
- (ii) such a stay is necessary in order to ensure the proper implementation of the restructuring plan;
- (iii) the restructuring plan would be to the benefit of the creditors in the proceedings for which the stay is requested; and
- (iv) neither the insolvency proceedings in which the insolvency practitioner referred to in paragraph 1 of this Article has been appointed nor the proceedings in respect of which the stay is requested are subject to coordination under Section 2 of this Chapter;
- (c) apply for the opening of group coordination proceedings in accordance with Article 61.
The court having opened proceedings referred to in point (b) of paragraph 1 shall stay any measure related to the realisation of the assets in the proceedings in whole or in part if it is satisfied that the conditions referred to in point (b) of paragraph 1 are fulfilled.
Before ordering the stay, the court shall hear the insolvency practitioner appointed in the proceedings for which the stay is requested. Such a stay may be ordered for any period, not exceeding 3 months, which the court considers appropriate and which is compatible with the rules applicable to the proceedings.
The court ordering the stay may require the insolvency practitioner referred to in paragraph 1 to take any suitable measure available under national law to guarantee the interests of the creditors in the proceedings.
The court may extend the duration of the stay by such further period or periods as it considers appropriate and which are compatible with the rules applicable to the proceedings, provided that the conditions referred to in points (b)(ii) to (iv) of paragraph 1 continue to be fulfilled and that the total duration of the stay (the initial period together with any such extensions) does not exceed 6 months.
SECTION 2 Coordination
Subsection 1 Procedure
Article 61
Request to open group coordination proceedings
Group coordination proceedings may be requested before any court having jurisdiction over the insolvency proceedings of a member of the group, by an insolvency practitioner appointed in insolvency proceedings opened in relation to a member of the group.
The request referred to in paragraph 1 shall be made in accordance with the conditions provided for by the law applicable to the proceedings in which the insolvency practitioner has been appointed.
The request referred to in paragraph 1 shall be accompanied by:
- (a) a proposal as to the person to be nominated as the group coordinator (‘the coordinator’), details of his or her eligibility pursuant to Article 71, details of his or her qualifications and his or her written agreement to act as coordinator;
- (b) an outline of the proposed group coordination, and in particular the reasons why the conditions set out in Article 63(1) are fulfilled;
- (c) a list of the insolvency practitioners appointed in relation to the members of the group and, where relevant, the courts and competent authorities involved in the insolvency proceedings of the members of the group;
- (d) an outline of the estimated costs of the proposed group coordination and the estimation of the share of those costs to be paid by each member of the group.
Article 62
Priority rule
Without prejudice to Article 66, where the opening of group coordination proceedings is requested before courts of different Member States, any court other than the court first seised shall decline jurisdiction in favour of that court.
Article 63
Notice by the court seised
The court seised of a request to open group coordination proceedings shall give notice as soon as possible of the request for the opening of group coordination proceedings and of the proposed coordinator to the insolvency practitioners appointed in relation to the members of the group as indicated in the request referred to in point (c) of Article 61(3), if it is satisfied that:
- (a) the opening of such proceedings is appropriate to facilitate the effective administration of the insolvency proceedings relating to the different group members;
- (b) no creditor of any group member expected to participate in the proceedings is likely to be financially disadvantaged by the inclusion of that member in such proceedings; and
- (c) the proposed coordinator fulfils the requirements laid down in Article 71.
The notice referred to in paragraph 1 of this Article shall list the elements referred to in points (a) to (d) of Article 61(3).
The notice referred to in paragraph 1 shall be sent by registered letter, attested by an acknowledgment of receipt.
The court seised shall give the insolvency practitioners involved the opportunity to be heard.
Article 64
Objections by insolvency practitioners
An insolvency practitioner appointed in respect of any group member may object to:
- (a) the inclusion within group coordination proceedings of the insolvency proceedings in respect of which it has been appointed; or
- (b) the person proposed as a coordinator.
Objections pursuant to paragraph 1 of this Article shall be lodged with the court referred to in Article 63 within 30 days of receipt of notice of the request for the opening of group coordination proceedings by the insolvency practitioner referred to in paragraph 1 of this Article.
The objection may be made by means of the standard form established in accordance with Article 88.
Prior to taking the decision to participate or not to participate in the coordination in accordance with point (a) of paragraph 1, an insolvency practitioner shall obtain any approval which may be required under the law of the State of the opening of proceedings for which it has been appointed.
Article 65
Consequences of objection to the inclusion in group coordination
Where an insolvency practitioner has objected to the inclusion of the proceedings in respect of which it has been appointed in group coordination proceedings, those proceedings shall not be included in the group coordination proceedings.
The powers of the court referred to in Article 68 or of the coordinator arising from those proceedings shall have no effect as regards that member, and shall entail no costs for that member.
Article 66
Choice of court for group coordination proceedings
Where at least two-thirds of all insolvency practitioners appointed in insolvency proceedings of the members of the group have agreed that a court of another Member State having jurisdiction is the most appropriate court for the opening of group coordination proceedings, that court shall have exclusive jurisdiction.
The choice of court shall be made by joint agreement in writing or evidenced in writing. It may be made until such time as group coordination proceedings have been opened in accordance with Article 68.
Any court other than the court seised under paragraph 1 shall decline jurisdiction in favour of that court.
The request for the opening of group coordination proceedings shall be submitted to the court agreed in accordance with Article 61.
Article 67
Consequences of objections to the proposed coordinator
Where objections to the person proposed as coordinator have been received from an insolvency practitioner which does not also object to the inclusion in the group coordination proceedings of the member in respect of which it has been appointed, the court may refrain from appointing that person and invite the objecting insolvency practitioner to submit a new request in accordance with Article 61(3).
Article 68
Decision to open group coordination proceedings
After the period referred to in Article 64(2) has elapsed, the court may open group coordination proceedings where it is satisfied that the conditions of Article 63(1) are met. In such a case, the court shall:
- (a) appoint a coordinator;
- (b) decide on the outline of the coordination; and
- (c) decide on the estimation of costs and the share to be paid by the group members.
The decision opening group coordination proceedings shall be brought to the notice of the participating insolvency practitioners and of the coordinator.
Article 69
Subsequent opt-in by insolvency practitioners
In accordance with its national law, any insolvency practitioner may request, after the court decision referred to in Article 68, the inclusion of the proceedings in respect of which it has been appointed, where:
- (a) there has been an objection to the inclusion of the insolvency proceedings within the group coordination proceedings; or
- (b) insolvency proceedings with respect to a member of the group have been opened after the court has opened group coordination proceedings.
Without prejudice to paragraph 4, the coordinator may accede to such a request, after consulting the insolvency practitioners involved, where
- (a) he or she is satisfied that, taking into account the stage that the group coordination proceedings has reached at the time of the request, the criteria set out in points (a) and (b) of Article 63(1) are met; or
- (b) all insolvency practitioners involved agree, subject to the conditions in their national law.
The coordinator shall inform the court and the participating insolvency practitioners of his or her decision pursuant to paragraph 2 and of the reasons on which it is based.
Any participating insolvency practitioner or any insolvency practitioner whose request for inclusion in the group coordination proceedings has been rejected may challenge the decision referred to in paragraph 2 in accordance with the procedure set out under the law of the Member State in which the group coordination proceedings have been opened.
Article 70
Recommendations and group coordination plan
When conducting their insolvency proceedings, insolvency practitioners shall consider the recommendations of the coordinator and the content of the group coordination plan referred to in Article 72(1).
An insolvency practitioner shall not be obliged to follow in whole or in part the coordinator's recommendations or the group coordination plan.
If it does not follow the coordinator's recommendations or the group coordination plan, it shall give reasons for not doing so to the persons or bodies that it is to report to under its national law, and to the coordinator.
Subsection 2 General provisions
Article 71
The coordinator
The coordinator shall be a person eligible under the law of a Member State to act as an insolvency practitioner.
The coordinator shall not be one of the insolvency practitioners appointed to act in respect of any of the group members, and shall have no conflict of interest in respect of the group members, their creditors and the insolvency practitioners appointed in respect of any of the group members.
Article 72
Tasks and rights of the coordinator
The coordinator shall:
- (a) identify and outline recommendations for the coordinated conduct of the insolvency proceedings;
- (b) propose a group coordination plan that identifies, describes and recommends a comprehensive set of measures appropriate to an integrated approach to the resolution of the group members' insolvencies. In particular, the plan may contain proposals for:
- (i) the measures to be taken in order to re-establish the economic performance and the financial soundness of the group or any part of it;
- (ii) the settlement of intra-group disputes as regards intra-group transactions and avoidance actions;
- (iii) agreements between the insolvency practitioners of the insolvent group members.
The coordinator may also:
- (a) be heard and participate, in particular by attending creditors' meetings, in any of the proceedings opened in respect of any member of the group;
- (b) mediate any dispute arising between two or more insolvency practitioners of group members;
- (c) present and explain his or her group coordination plan to the persons or bodies that he or she is to report to under his or her national law;
- (d) request information from any insolvency practitioner in respect of any member of the group where that information is or might be of use when identifying and outlining strategies and measures in order to coordinate the proceedings; and
- (e) request a stay for a period of up to 6 months of the proceedings opened in respect of any member of the group, provided that such a stay is necessary in order to ensure the proper implementation of the plan and would be to the benefit of the creditors in the proceedings for which the stay is requested; or request the lifting of any existing stay. Such a request shall be made to the court that opened the proceedings for which a stay is requested.
The plan referred to in point (b) of paragraph 1 shall not include recommendations as to any consolidation of proceedings or insolvency estates.
The coordinator's tasks and rights as defined under this Article shall not extend to any member of the group not participating in group coordination proceedings.
The coordinator shall perform his or her duties impartially and with due care.
Where the coordinator considers that the fulfilment of his or her tasks requires a significant increase in the costs compared to the cost estimate referred to in point (d) of Article 61(3), and in any case, where the costs exceed 10 % of the estimated costs, the coordinator shall:
- (a) inform without delay the participating insolvency practitioners; and
- (b) seek the prior approval of the court opening group coordination proceedings.
Article 73
Languages
The coordinator shall communicate with the insolvency practitioner of a participating group member in the language agreed with the insolvency practitioner or, in the absence of an agreement, in the official language or one of the official languages of the institutions of the Union, and of the court which opened the proceedings in respect of that group member.
The coordinator shall communicate with a court in the official language applicable to that court.
Article 74
Cooperation between insolvency practitioners and the coordinator
Insolvency practitioners appointed in relation to members of a group and the coordinator shall cooperate with each other to the extent that such cooperation is not incompatible with the rules applicable to the respective proceedings.
In particular, insolvency practitioners shall communicate any information that is relevant for the coordinator to perform his or her tasks.
Article 75
Revocation of the appointment of the coordinator
The court shall revoke the appointment of the coordinator of its own motion or at the request of the insolvency practitioner of a participating group member where:
- (a) the coordinator acts to the detriment of the creditors of a participating group member; or
- (b) the coordinator fails to comply with his or her obligations under this Chapter.
Article 76
Debtor in possession
The provisions applicable, under this Chapter, to the insolvency practitioner shall also apply, where appropriate, to the debtor in possession.
Article 77
Costs and distribution
The remuneration for the coordinator shall be adequate, proportionate to the tasks fulfilled and reflect reasonable expenses.
On having completed his or her tasks, the coordinator shall establish the final statement of costs and the share to be paid by each member, and submit this statement to each participating insolvency practitioner and to the court opening coordination proceedings.
In the absence of objections by the insolvency practitioners within 30 days of receipt of the statement referred to in paragraph 2, the costs and the share to be paid by each member shall be deemed to be agreed. The statement shall be submitted to the court opening coordination proceedings for confirmation.
In the event of an objection, the court that opened the group coordination proceedings shall, upon the application of the coordinator or any participating insolvency practitioner, decide on the costs and the share to be paid by each member in accordance with the criteria set out in paragraph 1 of this Article, and taking into account the estimation of costs referred to in Article 68(1) and, where applicable, Article 72(6).
Any participating insolvency practitioner may challenge the decision referred to in paragraph 4 in accordance with the procedure set out under the law of the Member State where group coordination proceedings have been opened.
CHAPTER VI DATA PROTECTION
Article 78
Data protection
National rules implementing Directive 95/46/EC shall apply to the processing of personal data carried out in the Member States pursuant to this Regulation, provided that processing operations referred to in Article 3(2) of Directive 95/46/EC are not concerned.
Regulation (EC) No 45/2001 shall apply to the processing of personal data carried out by the Commission pursuant to this Regulation.
Article 79
Responsibilities of Member States regarding the processing of personal data in national insolvency registers
Each Member State shall communicate to the Commission the name of the natural or legal person, public authority, agency or any other body designated by national law to exercise the functions of controller in accordance with point (d) of Article 2 of Directive 95/46/EC, with a view to its publication on the European e-Justice Portal.
Member States shall ensure that the technical measures for ensuring the security of personal data processed in their national insolvency registers referred to in Article 24 are implemented.
Member States shall be responsible for verifying that the controller, designated by national law in accordance with point (d) of Article 2 of Directive 95/46/EC, ensures compliance with the principles of data quality, in particular the accuracy and the updating of data stored in national insolvency registers.
Member States shall be responsible, in accordance with Directive 95/46/EC, for the collection and storage of data in national databases and for decisions taken to make such data available in the interconnected register that can be consulted via the European e-Justice Portal.
As part of the information that should be provided to data subjects to enable them to exercise their rights, and in particular the right to the erasure of data, Member States shall inform data subjects of the accessibility period set for personal data stored in insolvency registers.
Article 80
Responsibilities of the Commission in connection with the processing of personal data
The Commission shall exercise the responsibilities of controller pursuant to Article 2(d) of Regulation (EC) No 45/2001 in accordance with its respective responsibilities defined in this Article.
The Commission shall define the necessary policies and apply the necessary technical solutions to fulfil its responsibilities within the scope of the function of controller.
The Commission shall implement the technical measures required to ensure the security of personal data while in transit, in particular the confidentiality and integrity of any transmission to and from the European e-Justice Portal.
The obligations of the Commission shall not affect the responsibilities of the Member States and other bodies for the content and operation of the interconnected national databases run by them.
Article 81
Information obligations
Without prejudice to the information to be given to data subjects in accordance with Articles 11 and 12 of Regulation (EC) No 45/2001, the Commission shall inform data subjects, by means of publication through the European e-Justice Portal, about its role in the processing of data and the purposes for which those data will be processed.
Article 82
Storage of personal data
As regards information from interconnected national databases, no personal data relating to data subjects shall be stored in the European e-Justice Portal. All such data shall be stored in the national databases operated by the Member States or other bodies.
Article 83
Access to personal data via the European e-Justice Portal
Personal data stored in the national insolvency registers referred to in Article 24 shall be accessible via the European e-Justice Portal for as long as they remain accessible under national law.
CHAPTER VII TRANSITIONAL AND FINAL PROVISIONS
Article 84
Applicability in time
The provisions of this Regulation shall apply only to insolvency proceedings opened from 26 June 2017. Acts committed by a debtor before that date shall continue to be governed by the law which was applicable to them at the time they were committed.
Notwithstanding Article 91 of this Regulation, Regulation (EC) No 1346/2000 shall continue to apply to insolvency proceedings which fall within the scope of that Regulation and which have been opened before 26 June 2017.
Article 85
Relationship to Conventions
This Regulation replaces, in respect of the matters referred to therein, and as regards relations between Member States, the Conventions concluded between two or more Member States, in particular:
- (a) the Convention between Belgium and France on Jurisdiction and the Validity and Enforcement of Judgments, Arbitration Awards and Authentic Instruments, signed at Paris on 8 July 1899;
- (b) the Convention between Belgium and Austria on Bankruptcy, Winding-up, Arrangements, Compositions and Suspension of Payments (with Additional Protocol of 13 June 1973), signed at Brussels on 16 July 1969;
- (c) the Convention between Belgium and the Netherlands on Territorial Jurisdiction, Bankruptcy and the Validity and Enforcement of Judgments, Arbitration Awards and Authentic Instruments, signed at Brussels on 28 March 1925;
- (d) the Treaty between Germany and Austria on Bankruptcy, Winding-up, Arrangements and Compositions, signed at Vienna on 25 May 1979;
- (e) the Convention between France and Austria on Jurisdiction, Recognition and Enforcement of Judgments on Bankruptcy, signed at Vienna on 27 February 1979;
- (f) the Convention between France and Italy on the Enforcement of Judgments in Civil and Commercial Matters, signed at Rome on 3 June 1930;
- (g) the Convention between Italy and Austria on Bankruptcy, Winding-up, Arrangements and Compositions, signed at Rome on 12 July 1977;
- (h) the Convention between the Kingdom of the Netherlands and the Federal Republic of Germany on the Mutual Recognition and Enforcement of Judgments and other Enforceable Instruments in Civil and Commercial Matters, signed at The Hague on 30 August 1962;
- (i) the Convention between the United Kingdom and the Kingdom of Belgium providing for the Reciprocal Enforcement of Judgments in Civil and Commercial Matters, with Protocol, signed at Brussels on 2 May 1934;
- (j) the Convention between Denmark, Finland, Norway, Sweden and Iceland on Bankruptcy, signed at Copenhagen on 7 November 1933;
- (k) the European Convention on Certain International Aspects of Bankruptcy, signed at Istanbul on 5 June 1990;
- (l) the Convention between the Federative People's Republic of Yugoslavia and the Kingdom of Greece on the Mutual Recognition and Enforcement of Judgments, signed at Athens on 18 June 1959;
- (m) the Agreement between the Federative People's Republic of Yugoslavia and the Republic of Austria on the Mutual Recognition and Enforcement of Arbitral Awards and Arbitral Settlements in Commercial Matters, signed at Belgrade on 18 March 1960;
- (n) the Convention between the Federative People's Republic of Yugoslavia and the Italian Republic on Mutual Judicial Cooperation in Civil and Administrative Matters, signed at Rome on 3 December 1960;
- (o) the Agreement between the Socialist Federative Republic of Yugoslavia and the Kingdom of Belgium on Judicial Cooperation in Civil and Commercial Matters, signed at Belgrade on 24 September 1971;
- (p) the Convention between the Governments of Yugoslavia and France on the Recognition and Enforcement of Judgments in Civil and Commercial Matters, signed at Paris on 18 May 1971;
- (q) the Agreement between the Czechoslovak Socialist Republic and the Hellenic Republic on Legal Aid in Civil and Criminal Matters, signed at Athens on 22 October 1980, still in force between the Czech Republic and Greece;
- (r) the Agreement between the Czechoslovak Socialist Republic and the Republic of Cyprus on Legal Aid in Civil and Criminal Matters, signed at Nicosia on 23 April 1982, still in force between the Czech Republic and Cyprus;
- (s) the Treaty between the Government of the Czechoslovak Socialist Republic and the Government of the Republic of France on Legal Aid and the Recognition and Enforcement of Judgments in Civil, Family and Commercial Matters, signed at Paris on 10 May 1984, still in force between the Czech Republic and France;
- (t) the Treaty between the Czechoslovak Socialist Republic and the Italian Republic on Legal Aid in Civil and Criminal Matters, signed at Prague on 6 December 1985, still in force between the Czech Republic and Italy;
- (u) the Agreement between the Republic of Latvia, the Republic of Estonia and the Republic of Lithuania on Legal Assistance and Legal Relationships, signed at Tallinn on 11 November 1992;
- (v) the Agreement between Estonia and Poland on Granting Legal Aid and Legal Relations on Civil, Labour and Criminal Matters, signed at Tallinn on 27 November 1998;
- (w) the Agreement between the Republic of Lithuania and the Republic of Poland on Legal Assistance and Legal Relations in Civil, Family, Labour and Criminal Matters, signed at Warsaw on 26 January 1993;
- (x) the Convention between the Socialist Republic of Romania and the Hellenic Republic on legal assistance in civil and criminal matters and its Protocol, signed at Bucharest on 19 October 1972;
- (y) the Convention between the Socialist Republic of Romania and the French Republic on legal assistance in civil and commercial matters, signed at Paris on 5 November 1974;
- (z) the Agreement between the People's Republic of Bulgaria and the Hellenic Republic on Legal Assistance in Civil and Criminal Matters, signed at Athens on 10 April 1976;
- (aa) the Agreement between the People's Republic of Bulgaria and the Republic of Cyprus on Legal Assistance in Civil and Criminal Matters, signed at Nicosia on 29 April 1983;
- (ab) the Agreement between the Government of the People's Republic of Bulgaria and the Government of the French Republic on Mutual Legal Assistance in Civil Matters, signed at Sofia on 18 January 1989;
- (ac) the Treaty between Romania and the Czech Republic on judicial assistance in civil matters, signed at Bucharest on 11 July 1994;
- (ad) the Treaty between Romania and the Republic of Poland on legal assistance and legal relations in civil cases, signed at Bucharest on 15 May 1999.
The Conventions referred to in paragraph 1 shall continue to have effect with regard to proceedings opened before the entry into force of Regulation (EC) No 1346/2000.
This Regulation shall not apply:
- (a) in any Member State, to the extent that it is irreconcilable with the obligations arising in relation to bankruptcy from a convention concluded by that Member State with one or more third countries before the entry into force of Regulation (EC) No 1346/2000;
- (b) in the United Kingdom of Great Britain and Northern Ireland, to the extent that is irreconcilable with the obligations arising in relation to bankruptcy and the winding-up of insolvent companies from any arrangements with the Commonwealth existing at the time Regulation (EC) No 1346/2000 entered into force.
Article 86
Information on national and Union insolvency law
The Member States shall provide, within the framework of the European Judicial Network in civil and commercial matters established by Council Decision 2001/470/EC ([^E0006]), and with a view to making the information available to the public, a short description of their national legislation and procedures relating to insolvency, in particular relating to the matters listed in Article 7(2).
The Member States shall update the information referred to in paragraph 1 regularly.
The Commission shall make information concerning this Regulation available to the public.
Article 87
Establishment of the interconnection of registers
The Commission shall adopt implementing acts establishing the interconnection of insolvency registers as referred to in Article 25. Those implementing acts shall be adopted in accordance with the examination procedure referred to in Article 89(3).
Article 88
Establishment and subsequent amendment of standard forms
The Commission shall adopt implementing acts establishing and, where necessary, amending the forms referred to in Article 27(4), Articles 54 and 55 and Article 64(2). Those implementing acts shall be adopted in accordance with the advisory procedure referred to in Article 89(2).
Article 89
Committee procedure
The Commission shall be assisted by a committee. That committee shall be a committee within the meaning of Regulation (EU) No 182/2011.
Where reference is made to this paragraph, Article 4 of Regulation (EU) No 182/2011 shall apply.
Where reference is made to this paragraph, Article 5 of Regulation (EU) No 182/2011 shall apply.
Article 90
Review clause
No later than 27 June 2027, and every 5 years thereafter, the Commission shall present to the European Parliament, the Council and the European Economic and Social Committee a report on the application of this Regulation. The report shall be accompanied where necessary by a proposal for adaptation of this Regulation.
No later than 27 June 2022, the Commission shall present to the European Parliament, the Council and the European Economic and Social Committee a report on the application of the group coordination proceedings. The report shall be accompanied where necessary by a proposal for adaptation of this Regulation.
No later than 1 January 2016, the Commission shall submit to the European Parliament, the Council and the European Economic and Social Committee a study on the cross-border issues in the area of directors' liability and disqualifications.
No later than 27 June 2020, the Commission shall submit to the European Parliament, the Council and the European Economic and Social Committee a study on the issue of abusive forum shopping.
Article 91
Repeal
Regulation (EC) No 1346/2000 is repealed.
References to the repealed Regulation shall be construed as references to this Regulation and shall be read in accordance with the correlation table set out in Annex D to this Regulation.
Article 92
Entry into force
This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.
It shall apply from 26 June 2017, with the exception of:
- (a) Article 86, which shall apply from 26 June 2016;
- (b) Article 24(1), which shall apply from 26 June 2018; and
- (c) Article 25, which shall apply from 26 June 2019.
This Regulation shall be binding in its entirety and directly applicable in the Member States in accordance with the Treaties.
ANNEX A
INSOLVENCY PROCEEDINGS REFERRED TO IN ARTICLE 2, POINT (4)
BELGIQUE/BELGIË
- — Het faillissement/La faillite,
- — De openbare gerechtelijke reorganisatie door een collectief akkoord/La réorganisation judiciaire publique par accord collectif,
- — De openbare gerechtelijke reorganisatie door een minnelijk akkoord/La réorganisation judiciaire publique par accord amiable,
- — De overdracht onder gerechtelijk gezag/Le transfert sous autorité de justice,
- — De collectieve schuldenregeling/Le règlement collectif de dettes,
- — De vrijwillige vereffening/La liquidation volontaire,
- — De gerechtelijke vereffening/La liquidation judiciaire,
- — De voorlopige ontneming van het beheer, als bedoeld in artikel XX.32 van het Wetboek van economisch recht/Le dessaisissement provisoire de la gestion, visé à l’article XX.32 du Code de droit économique,
- — De voorlopige ontneming als bedoeld in artikel XX.49/1 van het Wetboek van economisch recht/Le dessaisissement provisoire visé à l’article XX.49/1 du Code de droit économique,
БЪЛГАРИЯ
- — Производство по несъстоятелност,
- — Производство по стабилизация на търговеца,
- — Производство по несъстоятелност на предприемача,
- — Производство по погасяване на задължения,
- — Производство по стабилизация на предприемача,
ČESKO
- — Konkurs,
- — Reorganizace,
- — Oddlužení,
- — Veřejná preventivní restrukturalizace,
DEUTSCHLAND
- — Das Konkursverfahren,
- — Das gerichtliche Vergleichsverfahren,
- — Das Gesamtvollstreckungsverfahren,
- — Das Insolvenzverfahren,
- — Die öffentliche Restrukturierungssache,
EESTI
- — Pankrotimenetlus,
- — Võlgade ümberkujundamise menetlus,
- — Saneerimismenetlus,
ÉIRE/IRELAND
- — Compulsory winding-up by the court,
- — Bankruptcy,
- — The administration in bankruptcy of the estate of persons dying insolvent,
- — Winding-up in bankruptcy of partnerships,
- — Creditors’ voluntary winding-up (with confirmation of a court),
- — Arrangements under the control of the court which involve the vesting of all or part of the property of the debtor in the Official Assignee for realisation and distribution,
- — Examinership,
- — Debt Relief Notice,
- — Debt Settlement Arrangement,
- — Personal Insolvency Arrangement,
ΕΛΛΑΔΑ
- — Η πτώχευση,
- — Η ειδική εκκαθάριση εν λειτουργία,
- — Σχέδιο αναδιοργάνωσης,
- — Απλοποιημένη διαδικασία επί πτωχεύσεων μικρού αντικειμένου,
- — Διαδικασία εξυγίανσης,
ESPAÑA
- — Concurso de acreedores,
- — Comunicación pública de apertura de negociaciones con los acreedores,
- — Planes de reestructuración (con publicidad registral),
- — Procedimiento especial para microempresas,
FRANCE
- — Sauvegarde,
- — Sauvegarde accélérée,
- — Redressement judiciaire,
- — Liquidation judiciaire,
HRVATSKA
- — Stečajni postupak,
- — Predstečajni postupak,
- — Postupak stečaja potrošača,
- — Postupak izvanredne uprave u trgovačkim društvima od sistemskog značaja za Republiku Hrvatsku,
ITALIA
- — Fallimento [until 14 July 2022],
- — Liquidazione giudiziale [from 15 July 2022],
- — Concordato preventivo,
- — Liquidazione coatta amministrativa,
- — Amministrazione straordinaria,
- — Accordi di ristrutturazione,
- — Concordato semplificato per la liquidazione del patrimonio all’esito della composizione negoziata,
- — Piano di ristrutturazione soggetto ad omologazione,
- — Procedure di composizione della crisi da sovraindebitamento del consumatore (accordo o piano) [until 14 July 2022],
- — Liquidazione dei beni [until 14 July 2022],
- — Ristrutturazione dei debiti del consumatore [from 15 July 2022],
- — Concordato minore [from 15 July 2022],
- — Liquidazione controllata del sovraindebitato [from 15 July 2022],
ΚΥΠΡΟΣ
- — Υποχρεωτική εκκαθάριση από το Δικαστήριο,
- — Εκούσια εκκαθάριση από μέλη,
- — Εκούσια εκκαθάριση από πιστωτές,
- — Εκκαθάριση με την εποπτεία του Δικαστηρίου,
- — Διάταγμα παραλαβής και πτώχευσης κατόπιν Δικαστικού Διατάγματος,
- — Διαχείριση της περιουσίας προσώπων που απεβίωσαν αφερέγγυα,
- — Διορισμός Εξεταστή,
- — Προσωπικά Σχέδια Αποπληρωμής,
LATVIJA
- — Tiesiskās aizsardzības process,
- — Juridiskās personas maksātnespējas process,
- — Fiziskās personas maksātnespējas process,
LIETUVA
- — Juridinio asmens restruktūrizavimo byla,
- — Juridinio asmens bankroto byla,
- — Juridinio asmens bankroto procesas ne teismo tvarka,
- — Fizinio asmens bankroto procesas,
LUXEMBOURG
- — Faillite,
- — Gestion contrôlée [until 1 November 2023],
- — Concordat préventif de faillite (par abandon d’actif) [until 1 November 2023],
- — Régime spécial de liquidation du notariat,
- — Procédure de règlement collectif des dettes dans le cadre du surendettement,
- — Réorganisation judiciaire par accord collectif,
- — Réorganisation judiciaire par transfert par décision de justice,
- — Réorganisation judiciaire aux fins d’obtenir un sursis en vue de permettre la conclusion d’un accord amiable,
MAGYARORSZÁG
- — Csődeljárás,
- — Felszámolási eljárás,
- — Nyilvános szerkezetátalakítási eljárás [from 1 July 2022],
MALTA
- — Xoljiment,
- — Amministrazzjoni,
- — Stralċ volontarju mill-membri jew mill-kredituri,
- — Stralċ mill-Qorti,
- — Falliment f’każ ta’ kummerċjant,
- — Proċedura biex kumpanija tirkupra,
- — Proċedura bażika ta’ ristrutturar preventiv,
- — Proċedura ta’ ristrutturar preventiv ifformulata minn qabel,
- — Proċedura ta’ ristrutturar preventiv approvata minn qabel,
NEDERLAND
- — Het faillissement,
- — De surseance van betaling,
- — De schuldsaneringsregeling natuurlijke personen,
- — De openbare akkoordprocedure buiten faillissement,
ÖSTERREICH
- — Das Konkursverfahren (Insolvenzverfahren),
- — Das Sanierungsverfahren ohne Eigenverwaltung (Insolvenzverfahren),
- — Das Sanierungsverfahren mit Eigenverwaltung (Insolvenzverfahren),
- — Das Schuldenregulierungsverfahren,
- — Das Abschöpfungsverfahren,
- — Das Europäische Restrukturierungsverfahren,
POLSKA
- — Upadłość,
- — Postępowanie o zatwierdzenie układu,
- — Postępowanie o zawarcie układu na zgromadzeniu wierzycieli przez osobę fizyczną nieprowadzącą działalności gospodarczej,
- — Przyspieszone postępowanie układowe,
- — Postępowanie układowe,
- — Postępowanie sanacyjne,
PORTUGAL
- — Processo de insolvência,
- — Processo especial de revitalização,
- — Processo especial para acordo de pagamento,
ROMÂNIA
- — Procedura insolvenței,
- — Reorganizarea judiciară,
- — Procedura falimentului,
- — Concordatul preventiv,
SLOVENIJA
- — Postopek preventivnega prestrukturiranja,
- — Postopek prisilne poravnave,
- — Postopek poenostavljene prisilne poravnave,
- — Stečajni postopek: stečajni postopek nad pravno osebo, postopek osebnega stečaja in postopek stečaja zapuščine,
SLOVENSKO
- — Konkurzné konanie,
- — Reštrukturalizačné konanie,
- — Oddlženie,
- — Verejná preventívna reštrukturalizácia,
SUOMI/FINLAND
- — Konkurssi/konkurs,
- — Yrityssaneeraus/företagssanering,
- — Yksityishenkilön velkajärjestely/skuldsanering för privatpersoner,
SVERIGE
- — Konkurs,
- — Företagsrekonstruktion,
- — Skuldsanering.
ANNEX B
INSOLVENCY PRACTITIONERS REFERRED TO IN ARTICLE 2, POINT (5)
BELGIQUE/BELGIË
- — De curator/Le curateur,
- — De gerechtsmandataris/Le mandataire de justice,
- — De schuldbemiddelaar/Le médiateur de dettes,
- — De vereffenaar/Le liquidateur,
- — De voorlopige bewindvoerder/L’administrateur provisoire,
- — Herstructureringsdeskundige/Praticien de la réorganisation,
- — Vereffeningsdeskundige/Praticien de la liquidation,
БЪЛГАРИЯ
- — Назначен предварително временен синдик,
- — Временен синдик,
- — (Постоянен) синдик,
- — Служебен синдик,
- — Доверено лице,
ČESKO
- — Insolvenční správce,
- — Předběžný insolvenční správce,
- — Oddělený insolvenční správce,
- — Zvláštní insolvenční správce,
- — Zástupce insolvenčního správce,
- — Restrukturalizační správce,
DEUTSCHLAND
- — Konkursverwalter,
- — Vergleichsverwalter,
- — Sachwalter (nach der Vergleichsordnung),
- — Verwalter,
- — Insolvenzverwalter,
- — Sachwalter (nach der Insolvenzordnung),
- — Treuhänder,
- — Vorläufiger Insolvenzverwalter,
- — Vorläufiger Sachwalter,
- — Restrukturierungsbeauftragter,
EESTI
- — Pankrotihaldur,
- — Ajutine pankrotihaldur,
- — Usaldusisik,
- — Saneerimisnõustaja,
ÉIRE/IRELAND
- — Liquidator,
- — Official Assignee,
- — Trustee in bankruptcy,
- — Provisional Liquidator,
- — Examiner,
- — Personal Insolvency Practitioner,
- — Insolvency Service,
ΕΛΛΑΔΑ
- — Ο σύνδικος,
- — Ο εισηγητής,
- — Η επιτροπή των πιστωτών,
- — Ο ειδικός εκκαθαριστής,
ESPAÑA
- — Administrador concursal,
- — Experto en la reestructuración,
FRANCE
- — Mandataire judiciaire,
- — Liquidateur,
- — Administrateur judiciaire,
- — Commissaire à l’exécution du plan,
HRVATSKA
- — Stečajni upravitelj,
- — Privremeni stečajni upravitelj,
- — Stečajni povjerenik,
- — Povjerenik,
- — Izvanredni povjerenik,
ITALIA
- — Curatore,
- — Commissario giudiziale,
- — Commissario straordinario,
- — Commissario liquidatore,
- — Ausiliario nel concordato semplificato per la liquidazione del patrimonio all’esito della composizione negoziata,
- — Liquidatore giudiziale,
- — Professionista nominato dal Tribunale,
- — Organismo di composizione della crisi nella procedura di composizione della crisi da sovraindebitamento del consumatore [until 14 July 2022],
- — Organismo di composizione della crisi nella procedura di composizione della crisi da sovraindebitamento [from 15 July 2022],
- — Liquidatore,
ΚΥΠΡΟΣ
- — Εκκαθαριστής και Προσωρινός Εκκαθαριστής,
- — Επίσημος Παραλήπτης,
- — Διαχειριστής της Πτώχευσης,
- — Εξεταστής,
- — Σύμβουλος Αφερεγγυότητας,
LATVIJA
- — Maksātnespējas procesa administrators,
- — Tiesiskās aizsardzības procesa uzraugošā persona,
LIETUVA
- — Nemokumo administratorius,
LUXEMBOURG
- — Le curateur,
- — Le commissaire,
- — Le liquidateur,
- — Le conseil de gérance de la section d’assainissement du notariat,
- — Le liquidateur dans le cadre du surendettement,
- — Le mandataire de justice,
MAGYARORSZÁG
- — Vagyonfelügyelő,
- — Felszámoló,
- — Szerkezetátalakítási szakértő [from 1 July 2022],
MALTA
- — Amministratur,
- — Amministratur Proviżorju,
- — Riċevitur Uffiċjali,
- — Stralċjarju / Likwidatur,
- — Manager Speċjali,
- — Kuratur,
- — Kontrollur Speċjali,
- — Prattikant fl-insolvenza,
- — Trustee tal-falliment,
NEDERLAND
- — De curator in het faillissement,
- — De bewindvoerder in de surseance van betaling,
- — De bewindvoerder in de schuldsaneringsregeling natuurlijke personen,
- — De herstructureringsdeskundige in de openbare akkoordprocedure buiten faillissement,
- — De observator in de openbare akkoordprocedure buiten faillissement,
ÖSTERREICH
- — Masseverwalter,
- — Sanierungsverwalter,
- — Restrukturierungsbeauftragter,
- — Besonderer Verwalter,
- — Einstweiliger Verwalter,
- — Sachwalter,
- — Treuhänder,
- — Insolvenzgericht,
- — Konkursgericht,
POLSKA
- — Syndyk,
- — Nadzorca sądowy,
- — Zarządca,
- — Nadzorca układu,
- — Tymczasowy nadzorca sądowy,
- — Tymczasowy zarządca,
- — Zarządca przymusowy,
PORTUGAL
- — Administrador da insolvência,
- — Administrador judicial provisório,
ROMÂNIA
- — Practician în insolvență,
- — Administrator concordatar,
- — Administrator judiciar,
- — Lichidator judiciar,
SLOVENIJA
- — Upravitelj,
SLOVENSKO
- — Predbežný správca,
- — Správca,
- — Špeciálny správca,
SUOMI/FINLAND
- — Pesänhoitaja/boförvaltare,
- — Selvittäjä/utredare,
SVERIGE
- — Förvaltare,
- — Rekonstruktör.
ANNEX C
Repealed Regulation with list of the successive amendments thereto
Council Regulation (EC) No 1346/2000
(OJ L 160, 30.6.2000, p. 1)
Council Regulation (EC) No 603/2005
(OJ L 100, 20.4.2005, p. 1)
Council Regulation (EC) No 694/2006
(OJ L 121, 6.5.2006, p. 1)
Council Regulation (EC) No 1791/2006
(OJ L 363, 20.12.2006, p. 1)
Council Regulation (EC) No 681/2007
(OJ L 159, 20.6.2007, p. 1)
Council Regulation (EC) No 788/2008
(OJ L 213, 8.8.2008, p. 1)
Implementing Regulation of the Council (EU) No 210/2010
(OJ L 65, 13.3.2010, p. 1)
Council Implementing Regulation (EU) No 583/2011
(OJ L 160, 18.6.2011, p. 52)
Council Regulation (EU) No 517/2013
(OJ L 158, 10.6.2013, p. 1)
Council Implementing Regulation (EU) No 663/2014
(OJ L 179, 19.6.2014, p. 4)
Act concerning the conditions of accession of the Czech Republic, the Republic of Estonia, the Republic of Cyprus, the Republic of Latvia, the Republic of Lithuania, the Republic of Hungary, the Republic of Malta, the Republic of Poland, the Republic of Slovenia and the Slovak Republic and the adjustments to the Treaties on which the European Union is founded
(OJ L 236, 23.9.2003, p. 33)
ANNEX D
Correlation table
| Regulation (EC) No 1346/2000 | This Regulation |
|---|---|
| Article 1 | Article 1 |
| Article 2, introductory words | Article 2, introductory words |
| Article 2, point (a) | Article 2, point (4) |
| Article 2, point (b) | Article 2, point (5) |
| Article 2, point (c) | — |
| Article 2, point (d) | Article 2, point (6) |
| Article 2, point (e) | Article 2, point (7) |
| Article 2, point (f) | Article 2, point (8) |
| Article 2, point (g), introductory words | Article 2, point (9), introductory words |
| Article 2, point (g), first indent | Article 2, point (9)(vii) |
| Article 2, point (g), second indent | Article 2, point (9)(iv) |
| Article 2, point (g), third indent | Article 2, point (9)(viii) |
| Article 2, point (h) | Article 2, point 10 |
| — | Article 2, points (1) to (3) and (11) to (13) |
| — | Article 2, point (9)(i) to (iii), (v), (vi) |
| Article 3 | Article 3 |
| — | Article 4 |
| — | Article 5 |
| — | Article 6 |
| Article 4 | Article 7 |
| Article 5 | Article 8 |
| Article 6 | Article 9 |
| Article 7 | Article 10 |
| Article 8 | Article 11(1) |
| — | Article 11(2) |
| Article 9 | Article 12 |
| Article 10 | Article 13(1) |
| — | Article 13(2) |
| Article 11 | Article 14 |
| Article 12 | Article 15 |
| Article 13, first indent | Article 16, point (a) |
| Article 13, second indent | Article 16, point (b) |
| Article 14, first indent | Article 17, point (a) |
| Article 14, second indent | Article 17, point (b) |
| Article 14, third indent | Article 17, point (c) |
| Article 15 | Article 18 |
| Article 16 | Article 19 |
| Article 17 | Article 20 |
| Article 18 | Article 21 |
| Article 19 | Article 22 |
| Article 20 | Article 23 |
| — | Article 24 |
| — | Article 25 |
| — | Article 26 |
| — | Article 27 |
| Article 21(1) | Article 28(2) |
| Article 21(2) | Article 28(1) |
| Article 22 | Article 29 |
| Article 23 | Article 30 |
| Article 24 | Article 31 |
| Article 25 | Article 32 |
| Article 26 | Article 33 |
| Article 27 | Article 34 |
| Article 28 | Article 35 |
| — | Article 36 |
| Article 29 | Article 37(1) |
| — | Article 37(2) |
| — | Article 38 |
| — | Article 39 |
| Article 30 | Article 40 |
| Article 31 | Article 41 |
| — | Article 42 |
| — | Article 43 |
| — | Article 44 |
| Article 32 | Article 45 |
| Article 33 | Article 46 |
| Article 34(1) | Article 47(1) |
| Article 34(2) | Article 47(2) |
| Article 34(3) | — |
| — | Article 48 |
| Article 35 | Article 49 |
| Article 36 | Article 50 |
| Article 37 | Article 51 |
| Article 38 | Article 52 |
| Article 39 | Article 53 |
| Article 40 | Article 54 |
| Article 41 | Article 55 |
| Article 42 | — |
| — | Article 56 |
| — | Article 57 |
| — | Article 58 |
| — | Article 59 |
| — | Article 60 |
| — | Article 61 |
| — | Article 62 |
| — | Article 63 |
| — | Article 64 |
| — | Article 65 |
| — | Article 66 |
| — | Article 67 |
| — | Article 68 |
| — | Article 69 |
| — | Article 70 |
| — | Article 71 |
| — | Article 72 |
| — | Article 73 |
| — | Article 74 |
| — | Article 75 |
| — | Article 76 |
| — | Article 77 |
| — | Article 78 |
| — | Article 79 |
| — | Article 80 |
| — | Article 81 |
| — | Article 82 |
| — | Article 83 |
| Article 43 | Article 84(1) |
| — | Article 84(2) |
| Article 44 | Article 85 |
| — | Article 86 |
| Article 45 | — |
| — | Article 87 |
| — | Article 88 |
| — | Article 89 |
| Article 46 | Article 90(1) |
| — | Article 90(2) to (4) |
| — | Article 91 |
| Article 47 | Article 92 |
| Annex A | Annex A |
| Annex B | — |
| Annex C | Annex B |
| — | Annex C |
| — | Annex D |
[^E0001]: Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) (OJ L 302, 17.11.2009, p. 32).
[^E0002]: Directive 2011/61/EU of the European Parliament and of the Council of 8 June 2011 on Alternative Investment Fund Managers and amending Directives 2003/41/EC and 2009/65/EC and Regulations (EC) No 1060/2009 and (EU) No 1095/2010 (OJ L 174, 1.7.2011, p. 1).
[^E0003]: Directive 2013/34/EU of the European Parliament and of the Council of 26 June 2013 on the annual financial statements, consolidated financial statements and related reports of certain types of undertaking, amending Directive 2006/43/EC of the European Parliament and of the Council and repealing Council Directives 78/660/EEC and 83/349/EEC (OJ L 182, 29.6.2013, p. 19).
[^E0004]: Directive 2008/94/EC of the European Parliament and of the Council of 22 October 2008 on the protection of employees in the event of the insolvency of their employer (OJ L 283, 28.10.2008, p. 36).
[^E0005]: Regulation (EU) 2023/2844 of the European Parliament and of the Council of 13 December 2023 on the digitalisation of judicial cooperation and access to justice in cross-border civil, commercial and criminal matters, and amending certain acts in the field of judicial cooperation (OJ L, 2023/2844, 27.12.2023, ELI: http://data.europa.eu/eli/reg/2023/2844/oj).
[^E0006]: Council Decision 2001/470/EC of 28 May 2001 establishing a European Judicial Network in civil and commercial matters (OJ L 174, 27.6.2001, p. 25).
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