Following an initial debate in late June (see EUROPE 11803), the European justice ministers will have a second opportunity, in Brussels on 7 and 8 December, to discuss the proposed directive to establish a single legal framework to deal with corporate insolvency (see EUROPE 11673).
According to a document of the Estonian Presidency of the Council of the EU, of which EUROPE has had sight, ministers will be invited to approve the compromise on the viability of the debtor and to take position...