The harmonisation of company law has always been on the agenda of the European Union. Besides the protection of third parties affected by business transactions, the founders had two other objectives: first, promoting freedom of establishment, and second, preventing the abuse of such freedom. In fact, the fear of the Netherlands becoming the ‘Delaware of Europe' (in terms of competition among Member States) seemed real, until, ironically, at the beginning of the 21st century, it was the privi...

This publication contains one page summaries of the most important decisions of the Court of Justice of the European Union (CJEU) with regard to trade mark law and is intended as an overview of, or firstintroduction, to European trade mark case law. The facts and the relevant rule of law of most decisions are summarized in one or two sentences and often combined with the verbatim text of the most important paragraphs od the decisions. This book is an easy-reference manual in which the essence...

‘Limits to Group Structures and Asset Partitioning in Insolvency: The 800-pound gorilla’ was the theme of the 2018 annual meeting of the NACIIL. This theme encompasses two related topics at the intersection of corporate law and insolvency law:(1) the artificial subdivision of enterprises over different legal entities (asset partitioning) and (2) selective perforation by means of guarantees.

Examples of strategic division of assets over group companies are attempts to actively suppress val...

In 2019, the European Parliament and the Council adopted the Preventive Restructuring Directive (2019/1023), providing for minimum harmonisation of, among others, preventive restructuring frameworks (PRF). This book provides in-depth analyses of its implementation in seven European countries: Austria, Denmark, France, Germany, Greece, The Netherlands, and the United Kingdom. Whereas Member States of the European Union were under a duty to complete implementation by July 2022, the United Kingd...

From 2017 up to 2022, the Conference on European Restructuring and Insolvency Law (CERIL) has adopted 12 Reports and Statements which concern salient topics in the area of European restructuring and insolvency law. In those Reports and Statements, CERIL promotes long-term improvements in restructuring and insolvency frameworks across Europe. This book compiles these analyses and recommendations – resulting from extensive dialogues among CERIL Conferees – to the EU legislator, EU Member S...

Can bankruptcy law offer debt relief to third parties who are not involved in a formal procedure themselves? This question is explored both in relation to guarantees and in relation to mass tort liability and has been a main topic of controversy recently in the US, arising in cases such as Purdue Pharma and the opioid crisis. Taken together, the answer to these questions will be decisive in the future scope of bankruptcy law and its relation to other fields of law. In their reports written fo...

The duties and responsibilities of Supervisory Boards have evolved in recent years. This is especially true in the case of governance, with themes such as succession planning, talent reviews, diversity and inclusion becoming increasingly important. Because of this development, more emphasis is placed on the role of the Nomination Committee. However, it is unclear whether its position has evolved accordingly.

To answer this question, the International Center for Financial Law & Governance (ICF...

This is the third and final volume in the ‘New Bank Insolvency Law

for China and Europe’ series. The current volume provides a detailed

comparison of Chinese and European bank insolvency and resolution

laws. Moreover, it assesses to what extent these laws conform to

international standards such as those set by the Financial Stability

Board. Specific topics discussed in the book include: the institutional

framework for the management of failing banks, insolvency

proceedings, management of ...