Local view for "http://purl.org/linkedpolitics/eu/plenary/2015-05-20-Speech-3-313-812"

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"en.20150520.28.3-313-812"2
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"The main elements of the Council’s position are as follows: moving away from a traditional liquidation approach to insolvency to a ‘second-chance approach’ for businesses and entrepreneurs in financial difficulties when cross-border insolvency proceedings are involved; the scope of the proposed Insolvency Regulation is therefore broader than the scope of the current Insolvency Regulation and extends to hybrid and pre-insolvency proceedings; the new rules contain a set of safeguards aimed at preventing abusive forum shopping; the regulation would impose on Member States an obligation to establish insolvency registers (that contain certain information on the debtor and the insolvency practitioner); these national insolvency registers are to be interconnected and accessible via the European e-Justice portal."@en1
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