Dec 16

Impact assessment study on policy options for a new initiative on minimum standards in insolvency and restructuring law

The European Commission has now published the VVA Group impact assessment study supporting proposals on insolvency, restructuring and second chance. The proposals aim to reduce costs, facilitate cross-border investment, increase survival and restructuring options, reduce the level of non-performing loans, and give a second chance for entrepreneurs to help them start new businesses. See Final Report for details


Final Report Final Report