Out now: Book on cross-border insolvency proceedings by Remigijus Jokubauskas


A new book entitled Cross-Border Insolvency Proceedings Policies and Directives in the European Union written by assoc. prof. Remigijus Jokubauskas has just been published by Routledge.

The following blurb has been provided by the author:

Cross-border insolvency law is a branch of private international law which addresses the needs of national insolvency proceedings when they cross the national boundaries of a state. In the European Union (EU) law cross-border insolvency holds significant importance in ensuring the smooth operation of the internal market and exercise of the fundamental freedoms. Also, it provides the mechanism for fostering international investments and legal foreseeability in insolvency proceedings.

The book Cross-Border Insolvency Proceedings Policies and Directives in the European Union focuses on the effectiveness and development of cross-border insolvency proceedings in the EU insolvency law. Namely, it provides an analysis on the application of the Regulation on Insolvency Proceedings ((EU) 2015/848) and how it contributes to the general goals of the EU internal market and exercise of the freedoms of movement and establishment. Also, it analyzes how the Directive on Restructuring and Insolvency ((EU) 2019/1023) should be applicable in cross-border insolvency proceedings and whether the elements of preventive restructuring set out in this act can be effectively employed when restructuring proceedings cross the boundaries of the Member State.

This book covers the main elements of EU cross-border insolvency law, such as jurisdiction, applicable law, recognition and enforcement of judgments. Also, it focuses on other important topics in international insolvency cases, such as the exercise of creditors’ rights in cross-border insolvency proceedings, tracing and recovery of assets and discusses the possibilities of rescue of viable companies in cross-border insolvency cases. Moreover, it deals with the application of the rules of the discharge of debts for insolvent entrepreneurs in case of cross-border insolvency proceedings.

The study may be of interest to students and practitioners of insolvency law, EU law and private international law. It will also be useful for national legislators and EU institutions working on the development of EU insolvency law.

The link to the book can be found here.


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