TRANSPARENCY OF DEBTORS’ ASSETS

In 2008 the Commission conducted a public consultation on this issue, to which the Bar responded, suggesting that a practical solution could be to create a European Provisional Order. That idea was picked up in the EP’s own April 2009 resolution on the consultation, and the Legal Affairs Committee of the EP is now looking in more detail at prompting the Commission to issue a legislative proposal giving it effect. The Bar is active on the file.


 

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