Author (Corporate) | European Commission: DG Communication |
---|---|
Series Title | Press Release |
Series Details | IP/14/254 (12.03.14) |
Publication Date | 12/03/2014 |
Content Type | News |
On the 12 March 2014, the European Commission set out a series of common principles for national insolvency procedures for businesses in financial difficulties. The objective is to shift the focus away from liquidation towards encouraging viable businesses to restructure at an early stage so as to prevent insolvency. The results of the consultation were published while a new Insolvency regulation was being discussed in the EU institutions. |
|
Source Link | http://europa.eu/rapid/press-release_IP-14-254_en.htm |
Related Links |
|
Subject Categories | Business and Industry, Law |
Countries / Regions | Europe |
![](https://www.europeansources.info/wp-content/uploads/esologo2.png)