Legal News

CJEU guidance on establishment following Burgo v Illochroma

Published on: 29 September 2014

Table of contents

  • Original news
  • How did the issue arise and what were the jurisdictional factors?
  • Can an establishment exist in a member state where the registered office exists?
  • Is the power to open secondary proceedings restricted to creditors residing or having a registered office in the state where the establishment is situated?
  • When the main proceedings are winding-up proceedings, must the secondary proceedings satisfy any appropriateness criteria?
  • What does this mean in practice for insolvency practitioners?

Article summary

Restructuring & Insolvency analysis: Is having a registered office fatal to creating an establishment in that jurisdiction?

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