On Monday 9 October, members of the European Parliament’s Committee on Economic and Monetary Affairs (ECON) examined the amendments tabled concerning the targeted harmonisation of certain aspects of insolvency law in order to encourage cross-border investment.
For René Repasi (S&D, German), rapporteur of the opinion on this dossier, the issue of insolvency proceedings for small and medium-sized enterprises should be “examined more closely” and ‘pre-pack’ proceedings - which...