We are in favor of achieving a minimum level of harmonization across the EU, especially when it comes to cross-border proceedings. Allowing the Single Market to work effectively remains of key importance, with no negative impact on any well-functioning regime across Europe. An appropriate insolvency framework should ensure that any viable businesses can be restructured and continue operating, while non-viable ones can be quickly liquidated.

We are committed to further contribute to the debate and to monitor profession’s involvement in insolvency proceedings across the EU.

FEE’s response to EC’s consultation on an effective insolvency framework
 EC’s consultation on an effective insolvency framework