Group insolvency law

The new law aimed at facilitating the management of corporate insolvencies seeks to centralize the insolvency proceedings of individual group companies in order to increase the chances of preserving corporate structures and thus achieving the best possible restructuring of subsidiaries. By bundling and coordinating corporate insolvencies within a group, the goal is to better weigh and consider the various affected interests. The authors, as practitioners, present the new law and explain the new issues arising from it. The book covers topics including: the professional preparation of corporate insolvency, the distinction between national corporate insolvency and European corporate insolvency law, the definition of a corporate group, the justification for group jurisdiction in the context of corporate insolvency, the filing of insolvency applications, and communication.