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Necessary Changes in Stabilization Proceedings

Author(s): Grigor Naydenov Grigorov
Subject(s): Law, Constitution, Jurisprudence, Civil Law, EU-Legislation
Published by: Пловдивски университет »Паисий Хилендарски«
Keywords: trader; proceedings; stabilisation; restructuring; insolvency; creditors; enforcement proceedings
Summary/Abstract: The purpose of the article is to formulate more important proposals for changing the regulation of Part Five of the Commerce Act (CA) for stabilization proceedings. They are structured in two groups – proposals to remedy shortcomings in the framework of Part Five CA established in the course of its implementation, and proposals related to the transposition of Directive (EU) 2019/1023 into the Commerce Act. The first group of proposals for changes are of a recommendatory nature, while the second group is binding, as a rule, given Bulgaria’s obligation to implement the provisions of the Directive into our law.

  • Page Range: 354-372
  • Page Count: 19
  • Publication Year: 2023
  • Language: Bulgarian