At the Justice Council in Luxembourg on Friday 14 June, the Belgian Presidency presented progress on the directive aimed at harmonising certain aspects of insolvency law in Europe. Paul Van Tigchelt, Belgian Minister for Justice and the North Sea, stressed the importance of this text, saying that “the creation of a single market for capital is essential to free up financing and stimulate European growth”.
Issued by the Commission in December 2022 (see EUROPE B13079A2), this...