Retained EU Law 2015 United Kingdom

Regulation (EU) 2015/848 of the European Parliament and of the Council of 20 May 2015 on insolvency proceedings (recast)

At a glance

What's here

1 compliance obligation

Who this Act binds

Plus 1 non-business duty on Crown ministers, regulators, local authorities or tribunals — shown collapsed under each section below.

What this Act requires

Sections that create concrete duties on businesses or carry penalties. Procedural and definitional sections are folded into the “Browse other sections” expander at the bottom of each group. Click any section title to read the source text on legislation.gov.uk.

s.art004

Examination as to jurisdiction

Other duties (1) — Crown / regulator
  • Court must automatically check jurisdiction before opening insolvency proceedings Tribunal / Court
Browse 92 other sections — procedural / definitional / commencement
s.annex c para.1

Council Regulation (EC) No 1346/2000 (OJ L 160, 30.6.2000, p. 1) Council...

s.art001

Application and jurisdiction

s.art002

Definitions

s.art003

Centre of main interests

s.art005

Judicial review of the decision to open main insolvency proceedings

s.art006

Jurisdiction for actions deriving directly from insolvency proceedings and closely linked with them

s.art007

Applicable law

s.art008

Third parties' rights in rem

s.art009

Set-off

s.art010

Reservation of title

s.art011

Contracts relating to immoveable property

s.art012

Payment systems and financial markets

s.art013

Contracts of employment

s.art014

Effects on rights subject to registration

s.art015

European patents with unitary effect and Community trade marks

s.art016

Detrimental acts

s.art017

Protection of third-party purchasers

s.art018

Effects of insolvency proceedings on pending lawsuits or arbitral proceedings

s.art019

Principle

s.art020

Effects of recognition

s.art021

Powers of the insolvency practitioner

s.art022

Proof of the insolvency practitioner's appointment

s.art023

Return and imputation

s.art024

Establishment of insolvency registers

s.art025

Interconnection of insolvency registers

s.art026

Costs of establishing and interconnecting insolvency registers

s.art027

Conditions of access to information via the system of interconnection

s.art028

Publication in another Member State

s.art029

Registration in public registers of another Member State

s.art030

Costs

s.art031

Honouring of an obligation to a debtor

s.art032

Recognition and enforceability of other judgments

s.art033

Public policy

s.art034

Opening of proceedings

s.art035

Applicable law

s.art036

Right to give an undertaking in order to avoid secondary insolvency proceedings

s.art037

Right to request the opening of secondary insolvency proceedings

s.art038

Decision to open secondary insolvency proceedings

s.art039

Judicial review of the decision to open secondary insolvency proceedings

s.art040

Advance payment of costs and expenses

s.art041

Cooperation and communication between insolvency practitioners

s.art042

Cooperation and communication between courts

s.art043

Cooperation and communication between insolvency practitioners and courts

s.art044

Costs of cooperation and communication

s.art045

Exercise of creditors' rights

s.art046

Stay of the process of realisation of assets

s.art047

Power of the insolvency practitioner to propose restructuring plans

s.art048

Impact of closure of insolvency proceedings

s.art049

Assets remaining in the secondary insolvency proceedings

s.art050

Subsequent opening of the main insolvency proceedings

s.art051

Conversion of secondary insolvency proceedings

s.art052

Preservation measures

s.art053

Right to lodge claims

s.art054

Duty to inform creditors

s.art055

Procedure for lodging claims

s.art056

Cooperation and communication between insolvency practitioners

s.art057

Cooperation and communication between courts

s.art058

Cooperation and communication between insolvency practitioners and courts

s.art059

Costs of cooperation and communication in proceedings concerning members of a group of companies

s.art060

Powers of the insolvency practitioner in proceedings concerning members of a group of companies

s.art061

Request to open group coordination proceedings

s.art062

Priority rule

s.art063

Notice by the court seised

s.art064

Objections by insolvency practitioners

s.art065

Consequences of objection to the inclusion in group coordination

s.art066

Choice of court for group coordination proceedings

s.art067

Consequences of objections to the proposed coordinator

s.art068

Decision to open group coordination proceedings

s.art069

Subsequent opt-in by insolvency practitioners

s.art070

Recommendations and group coordination plan

s.art071

The coordinator

s.art072

Tasks and rights of the coordinator

s.art073

Languages

s.art074

Cooperation between insolvency practitioners and the coordinator

s.art075

Revocation of the appointment of the coordinator

s.art076

Debtor in possession

s.art077

Costs and distribution

s.art078

Data protection

s.art079

Responsibilities of Member States regarding the processing of personal data in national insolvency registers

s.art080

Responsibilities of the Commission in connection with the processing of personal data

s.art081

Information obligations

s.art082

Storage of personal data

s.art083

Access to personal data via the European e-Justice Portal

s.art084

Applicability in time

s.art085

Relationship to Conventions

s.art086

Information on national and Union insolvency law

s.art087

Establishment of the interconnection of registers

s.art088

Establishment and subsequent amendment of standard forms

s.art089

Committee procedure

s.art090

Review clause

s.art091

Repeal

s.art092

Entry into force

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