New European directive harmonising insolvency and corporate bankruptcy rules in the EU
01 Apr 2026Effective: 30 Mar 2026417 views
Who is affected:
Companies, self-employed individuals, creditors, insolvency administrators and financial institutions in the EU
Summary
The EU unifies corporate insolvency rules across all member states. It facilitates debt restructuring and bankruptcy proceedings for businesses and self-employed individuals.
Detailed analysis
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Directive 2026/799 establishes a common European framework for insolvency proceedings, aiming to reduce divergences between national legislations that hinder cross-border investment. It introduces harmonised minimum standards on preventive restructuring, liquidation and second chance for insolvent debtors. Companies op…
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CELEX:32026L0799: Directiva (UE) 2026/799 del Parlamento Europeo y del Consejo, de 30 de marzo de 2026, relativa a la armonización de determinados aspectos del Derecho en materia de insolvencia (Texto pertinente a efectos del EEE)
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