Global Restructuring Review - Cross-border restructuring and insolvency legal news, features and events

EU restructuring directive clears Council

By Declan Bush

07 June 2019

The European Council has formally adopted the long-awaited EU directive on preventive restructuring frameworks, with member states given two years to adapt its proposed rescue tools into their own laws.

EU restructuring directive clears Council The EU Parliament building in Strasbourg, France. (Credit: iStock.com/AdrianHancu)