European insolvency rules strike
3.03.2010Company: Amcham
Practically all EU Member States report a stea¬dy increase of corporate downfalls.
Since the beginning of the global economic downturn, not only the Czech Republic, but practically all EU Member States report a steady increase of corporate downfalls. It is in this context that the Union coordination mechanism for cross-border insolvencies seems to be waking up, and the legislative investment made 10 years ago seems to have started paying off.
Read more in A&Dvocate 1/2010.
