ISSUES AND DEBATES ON THE IMPACT AND MEANS OF TRANSPOSING THE DIRECTIVE ON PREVENTIVE RESTRUCTURING FRAMEWORKS Cover Image

PROBLEME ŞI DEZBATERI PE MARGINEA IMPACTULUI ŞI A MODALITĂŢILOR DE TRANSPUNERE A DIRECTIVEI PRIVIND CADRELE DE RESTRUCTURARE
ISSUES AND DEBATES ON THE IMPACT AND MEANS OF TRANSPOSING THE DIRECTIVE ON PREVENTIVE RESTRUCTURING FRAMEWORKS

Author(s): Simona Maria Miloş, Andreea Deli-Diaconescu
Subject(s): Law, Constitution, Jurisprudence, Civil Law
Published by: Universul Juridic
Keywords: directive; preventive; restructuring; framework; supplier credit; super priority; Insol Europe; Academic Forum;

Summary/Abstract: The Directive on preventive restructuring frameworks does not contain sufficient guarantees for current creditors who agree to supply various products or services to the insolvent debtor. Most times, supplier credit is the only means of financing, but it is close to inexistent in practice, even though it benefits from super priority guaranteed by law.

  • Issue Year: 70/2019
  • Issue No: 4
  • Page Range: 35-37
  • Page Count: 3
  • Language: Romanian
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