CERIL issues advice on identifying annex actions and non-annex actions

Article summary

The Conference on European Restructuring and Insolvency Law (CERIL) has reported that a CERIL Working Party conducted a survey on issues of international jurisdiction for individual legal cross-border actions that ‘derive directly from public collective insolvency proceedings and are closely linked with them’. To resolve uncertainty on these actions, CERIL proposed a short work of reference to classify and distinguish between annex actions and non-annex actions. This work of reference has been included in CERIL's 2021 report on identifying annex actions under Article 6(1) of the European Insolvency Regulation 2015.