Report on Judicial Co-operation in Preventive Restructuring and Insolvency in the EU

The JCOERE Project is focussed on the concept of co-operation between courts and between courts and practitioners across Member States of the European Union. The specific subject matter of the JCOERE Project concerns the obligations imposed by the European Insolvency Regulation (Recast) on courts in European Member States to co-operate in cross-border insolvency matters. Additional obligations are placed on insolvency practitioners to co-operate. Furthermore, in light of new initiatives in the area of corporate restructuring the JCOERE Project focussed on this important policy initiative and hypothesised that the nature of the rules typically involved in preventive restructuring frameworks might present further obstacles to co-operation between courts.