805. Proceedings under the EU Insolvency Regulation.

The EU Insolvency Regulation1 applies only to proceedings in respect of a debtor whose centre of main interests2 is located in the European Union3. Insolvency proceedings4 may be opened only in the courts5 of the member state where the centre of a debtor's main interests is situated6. These proceedings are known as 'main proceedings' because they have universal scope and aim at encompassing all the debtor's assets7. Where the centre of a debtor's main interests is situated in a member state, the courts of another member state have jurisdiction to open insolvency proceedings against a debtor only if he