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Image header Agence Europe
Europe Daily Bulletin No. 7669
Contents Publication in full By article 21 / 39
GENERAL NEWS / (eu) ep/internal market

EP approves regulation on insolvency proceedings with slight amendments

Brussels, 03/03/2000 (Agence Europe) - Following its rapporteur Kurt Lechner, CDU member, the EP approved the regulation on insolvency proceedings which fills a gap when dealing with cross-border problems relating to the assets of insolvent debtors. Mr Lechner welcomes the initiative launched by Finland and Germany aimed at setting a legal framework in place for insolvency proceedings with cross-border impact, recalling that the proposal is based on a 1995 compromise on which the Parliament...

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