The Ministers of Justice of the EU Member States in the Council of the European Union on 11 October adopted a position on the directive on corporate bankruptcy. The directive gives a lot of leeway in the application of national laws, but imposes a few common conditions: there will be a model restructuring plan for companies, the liability of managers for bankruptcy will be increased and the duration of protection from enforcement will be limited to a maximum of four months.
EU justice ministers in early October dealt with a directive on corporate insolvency to help restructure reputable companies that go bankrupt due to temporary problems.
The European Commission presented the draft changes back in 2016.
In a common position, ministers within the Council of the European Union agreed that national rules should have decisive force and that common regulations should only cover a few elements of proceedings. These are primarily:
Ograniczeniu ma ulec okres ochrony przed egzekucjami komorniczymi i będzie on wynosił do 4 miesięcy – poza skomplikowanymi, wyjątkowymi sytuacjami.
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