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European Academy of Law, Trier: The need to regroup on groups

By Kyriaki Karadelis

05 July 2017

European Academy of Law, Trier: The need to regroup on groups Wikimedia commons/Lokilech

The recast European Insolvency regulation has introduced mechanisms for the coordination of group proceedings, but delegates at a recent event in Germany argued that a complex system of safeguards brought in at the 11th hour to ensure the autonomy of individual cases will hamper coordination in practice.