Financial Services Financial Services

Adoption of draft EU insolvency directive held up by states’ push for more flexibility

By Jean Comte
  • 06 Jun 2024 16:06
  • 06 Jun 2024 21:25
EU member states are unlikely to adopt a draft directive harmonizing insolvency law this month, MLex has learned.
The file, which aims to harmonize parts of insolvency proceedings for non-financial companies, will be discussed at the next meeting of EU justice ministers, but only in the context of a "progress

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