Corrigendum to Regulation (EU) 2015/848 on insolvency proceedings

A corrigendum regarding the applicability in time of the new Insolvency Regulation was published in the Official Journal of the European Union on 21 December 2016. The corrigendum reads as follows:

On page 56, Article 84(1):

for:

‘1. The provisions of this Regulation shall apply only to insolvency proceedings opened after 26 June 2017. Acts committed by a debtor before that date shall continue to be governed by the law which was applicable to them at the time they were committed.’,

read:

‘1. The provisions of this Regulation shall apply only to insolvency proceedings opened from 26 June 2017. Acts committed by a debtor before that date shall continue to be governed by the law which was applicable to them at the time they were committed.’.

 

Author: Arie Van Hoe

Lawyer (NautaDutilh), voluntary scientific collaborator (University of Antwerp)

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