Germany mulls changes to insolvency laws as EU neighbours amend theirs
Credit: Thinkstock.com/Paul Grecaud
Several European countries have passed changes to their insolvency laws in recent months, with France, Italy and the UK introducing new measures that give courts greater powers and expand the role of creditors, while the German legislature considers a bill to reform the regime’s clawback provisions – but harmonisation of laws across the EU still seems a distant prospect.
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