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INSOL Europe/LexisPSL Joint Project on ‘How EU Member States recognise insolvency/restructuring proceedings commenced in third country states’—Greece

INSOL Europe/LexisPSL Joint Project on ‘How EU Member States recognise insolvency/restructuring proceedings commenced in third country states’—Greece
Published on: 11 June 2021
Published by: LexisPSL
  • INSOL Europe/LexisPSL Joint Project on ‘How EU Member States recognise insolvency/restructuring proceedings commenced in third country states’—Greece
  • Q1. Has your country adopted the UNCITRAL Model law on insolvency? If not, does it intend to do so in the near future?
  • Q2. What are your country’s private international law provisions for the recognition of insolvency proceedings commenced in countries outside of the EU Member States (ie Third Party states like the UK)?
  • Article 2 Definitions
  • Article 15 Application for recognition of a foreign procedure
  • Article 16 Evidence of recognition
  • Article 17 Decision for recognition of a foreign procedure
  • Article 18 Subsequent information
  • Article 19 Potential temporary protection on the basis of an application for recognition of a foreign procedure
  • Article 20 Effects of the recognition of a foreign main procedure
  • More...

Article summary

Restructuring & Insolvency analysis: This article looks at how Greece would recognise insolvency or restructuring proceedings commenced in a third country state. In particular, it considers whether the English Part 26 scheme or Part 26A restructuring plan would be recognised in Greece. Written by Greece country co-ordinator for INSOL Europe, Georgios Nikopoulos-Exintaris at n-Solution Consultants Ltd. or take a trial to read the full analysis.

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