Die Restrukturierung des Insolvenzrechts

The EU Commission has presented a very controversial proposal for a directive aimed at harmonising restructuring standards throughout Europe, whose focus is on preventive, out-of-court restructuring procedures. This is the first monographic study to provide information about the draft directive. It presents extremely up-to-date, detailed and critical information on the proposed individual regulations, embeds them in a European and German context and offers concrete implementation proposals for German legislators. Although the final version of the directive is not yet available, this analysis already shows that the future restructuring framework will have a huge impact on the German insolvency system. Therefore, not only must scientists and German lawmakers deal with this proposal in good time, but so must businesses in general and above all practitioners in the field of restructuring and insolvency law.