Insolvency in the European Union: the relevance of the balance sheet

Research output: Contribution to journalArticlepeer-review

Abstract

In this article, we analyse the current status of the harmonization process within the EU on insolvency matters. Afterwards, we focus on the European Legal Capital system and the framework of the serious loss of subscribed capital. Finally, we claim that the EU should have a common definition of insolvency that includes balance sheet insolvency, further exploring the reasons for and the consequences of such proposal.
Original languageEnglish
Pages (from-to)7-15
Number of pages9
JournalEuropean Company Law
Volume22
Issue number1
DOIs
Publication statusPublished - Feb 2025

Keywords

  • Balance sheet
  • Duty to file for insolvency
  • Insolvency
  • Over-indebtedness

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