Authors: Bo De Clercq, Sara Profeti

Harmonising insolvency: the EU’s next chapter

Nearly three years have passed since the European Commission put forward its ambitious Proposal to harmonise core aspects of insolvency law across the European Union. Submitted to the Council and the European Parliament on 7 December 2022, this text targets key shortcomings and divergences that have long characterised insolvency proceedings in the European Union.