The Division of Case-law and Research of the Supreme Court has prepared a summary of the case-law of the Court of Justice of the European Union in the field of cross-border insolvency law.

The summary gives insights into the conclusions of the Court of Justice of the European Union on the most significant issues of Council Regulation (EC) No 1346/2000 of 29 May 2000 on insolvency proceedings: scope of the regulation, jurisdiction, applicable law, recognition of decisions, secondary insolvency proceedings.

The case-law theses have been systematized by Dr. iur. Reinis Markvarts, the Legal Research Counsel to the Division of Case-law and Research.

Since May 1, 2004, regarding the cross-border insolvency proceedings, the European Union regulation in the field of insolvency law is applicable in Latvia, including the Council Regulation (EC) No 1346/2000 of 29 May 2000 on insolvency proceedings. Regulation (EU) 2015/848 of the European Parliament and of the Council of 20 May 2015 on insolvency proceedings is applicable to insolvency proceedings instituted after 26 June 2017.

This summary of the case-law of the Court of Justice of the European Union provides an insight into the conclusions of the Court of Justice of the European Union on the most significant issues of Regulation No 1346/2000. The Court of Justice of the European Union has not yet decided on the application of the provisions of Regulation No 2015/848.

Summary “Case-law of the Court of Justice of the European Union. Application of the Regulation on Insolvency proceedings” is available on the webpage of the Supreme Court in section Judicature/ Compilation of Court Decisions/ Civil law

 

 

Information prepared by

Rasma Zvejniece, the Head of the Division of Communication of the Supreme Court

E-mail: rasma.zvejniece@at.gov.lv, telephone: +371 67020396, +371 2865221