LODGEMENT OF FOREIGN CREDITORS’ CLAIMS ACCORDING TO THE EUROPEAN REGULATION ON INSOLVENCY PROCEEDINGS
DOI:
https://doi.org/10.30925/zpfsr.37.3.1Keywords:
lodgement of creditors’ claims in bankruptcy respectively insolvency proceedings; bankruptcy respectively insolvency proceedings; foreign bankruptcy creditors; European Regulation on insolvency proceedings; international insolvency lawAbstract
Rules of the European Regulation on insolvency proceedings regarding the right
of foreign creditors to lodge their claims, the duty to inform foreign creditors on the
opening of insolvency proceedings as well as the form, the content and the language
of the lodgement of a claim of foreign creditors, that are contained in special Chapter
IV of this Regulation, are analysed and evaluated in this paper. Furthermore, the paper
examines the changes which are foreseen by the reformed European Regulation on
insolvency proceedings of 2015 with regard to these rules and evaluates the adequacy
of these changes considering difficulties which foreign creditors have in the practice
when lodging their claims in insolvency proceedings that are opened in the Member
States of the European Union.
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