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Europe Daily Bulletin No. 9292

24 October 2006
Contents Publication in full By article 11 / 32
GENERAL NEWS / (eu) eu/jha/civil justice
Commission foresees creation of European procedure for seizing bank assets

Brussels, 23/10/2006 (Agence Europe) - On Tuesday, the Commission is to adopt a Green Paper aimed at strengthening the application of decisions in justice relating to the seizure of banking assets, for example by establishing a European bank seizure procedure. Such a procedure would allow a creditor that has obtained an enforceable judgement in one Member State to be fully entitled to carry out a seizure of goods or assets in another Member State. In practice, the funds on the debtor's...

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