Territorial insolvency proceedings ruled invalid (ECJ) | Practical Law

Territorial insolvency proceedings ruled invalid (ECJ) | Practical Law

In Zaza Retail (Area of Freedom, Security and Justice) (Case C-112/10) [2011] EUECJ, the Court of Justice of the European Union (ECJ) considered the meaning of the word "creditor" for the purposes of the EC Regulation on Insolvency Proceedings (Regulation 1346/2000) and whether Belgian territorial insolvency proceedings against a Dutch company were validly instigated.

Territorial insolvency proceedings ruled invalid (ECJ)

Practical Law UK Legal Update 7-513-7508 (Approx. 5 pages)

Territorial insolvency proceedings ruled invalid (ECJ)

by PLC Restructuring and Insolvency
Published on 28 Nov 2011 • European Union
In Zaza Retail (Area of Freedom, Security and Justice) (Case C-112/10) [2011] EUECJ, the Court of Justice of the European Union (ECJ) considered the meaning of the word "creditor" for the purposes of the EC Regulation on Insolvency Proceedings (Regulation 1346/2000) and whether Belgian territorial insolvency proceedings against a Dutch company were validly instigated.