Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-11-15-Speech-2-434-042"
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"en.20111115.27.2-434-042"2
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"The persisting disparities between national insolvency laws create difficulties for companies with cross-border activities and are an obstacle to a successful restructuring of insolvent companies. I am fully in favour of this report which identifies areas in national insolvency laws that are accessible and eligible for harmonisation and issues that should be revised in the Insolvency Regulation. I am in favour of this report which invites the Commission to incorporate the following recommendations into future legislative proposals on an EU corporate insolvency framework: harmonise the opening of insolvency proceedings, revise the Insolvency Regulation with regard to its scope and certain definitions (e.g. ‘centre of main interest’, ‘establishment’ in the context of secondary proceedings) and make the communication between the relevant courts obligatory, improve the cooperation of liquidators and cooperation in general on administrative level in cases where enterprises that are part of a group of companies become insolvent and create an EU Registry for insolvency cases."@en1
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