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Directive (EU) 2019/1023 of the European Parliament and of the CouncilShow full title

Directive (EU) 2019/1023 of the European Parliament and of the Council of 20 June 2019 on preventive restructuring frameworks, on discharge of debt and disqualifications, and on measures to increase the efficiency of procedures concerning restructuring, insolvency and discharge of debt, and amending Directive (EU) 2017/1132 (Directive on restructuring and insolvency) (Text with EEA relevance)

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  1. Introductory Text

  2. TITLE I GENERAL PROVISIONS

    1. Article 1.Subject matter and scope

    2. Article 2.Definitions

    3. Article 3.Early warning and access to information

  3. TITLE II PREVENTIVE RESTRUCTURING FRAMEWORKS

    1. CHAPTER 1 Availability of preventive restructuring frameworks

      1. Article 4.Availability of preventive restructuring frameworks

    2. CHAPTER 2 Facilitating negotiations on preventive restructuring plans

      1. Article 5.Debtor in possession

      2. Article 6.Stay of individual enforcement actions

      3. Article 7.Consequences of the stay of individual enforcement actions

    3. CHAPTER 3 Restructuring plans

      1. Article 8.Content of restructuring plans

      2. Article 9.Adoption of restructuring plans

      3. Article 10.Confirmation of restructuring plans

      4. Article 11.Cross-class cram-down

      5. Article 12.Equity holders

      6. Article 13.Workers

      7. Article 14.Valuation by the judicial or administrative authority

      8. Article 15.Effects of restructuring plans

      9. Article 16.Appeals

    4. CHAPTER 4 Protection for new financing, interim financing and other restructuring related transactions

      1. Article 17.Protection for new financing and interim financing

      2. Article 18.Protection for other restructuring related transactions

    5. CHAPTER 5 Duties of directors

      1. Article 19.Duties of directors where there is a likelihood of insolvency

  4. TITLE III DISCHARGE OF DEBT AND DISQUALIFICATIONS

    1. Article 20.Access to discharge

    2. Article 21.Discharge period

    3. Article 22.Disqualification period

    4. Article 23.Derogations

    5. Article 24.Consolidation of proceedings regarding professional and personal debts

  5. TITLE IV MEASURES TO INCREASE THE EFFICIENCY OF PROCEDURES CONCERNING RESTRUCTURING, INSOLVENCY AND DISCHARGE OF DEBT

    1. Article 25.Judicial and administrative authorities

    2. Article 26.Practitioners in procedures concerning restructuring, insolvency and discharge of debt

    3. Article 27.Supervision and remuneration of practitioners

    4. Article 28.Use of electronic means of communication

  6. TITLE V MONITORING OF PROCEDURES CONCERNING RESTRUCTURING, INSOLVENCY AND DISCHARGE OF DEBT

    1. Article 29.Data collection

    2. Article 30.Committee procedure

  7. TITLE VI FINAL PROVISIONS

    1. Article 31.Relationship with other acts and international instruments

    2. Article 32.Amendment of Directive (EU) 2017/1132

    3. Article 33.Review clause

    4. Article 34.Transposition

    5. Article 35.Entry into force

    6. Article 36.This Directive is addressed to the Member States.

  8. Signature

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