Insolvency: EU Law

(asked on 27th March 2018) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what plans the Government has to introduce a legal framework after the UK has left the EU that will ensure UK restructuring and insolvency practitioners will be able to practice across the EU.


Answered by
Andrew Griffiths Portrait
Andrew Griffiths
This question was answered on 5th April 2018

The exact future relationship between the EU and UK on civil judicial cooperation, including the recognition of insolvency and restructuring procedures, judgments and Insolvency Practitioner qualifications is subject to negotiations with our EU partners. It is in the interests of the UK and the EU that there continues to be an effective, and fit for purpose, framework for resolving cross-border legal disputes. The Government has made clear that an effective framework of civil judicial cooperation is an important part of the deep and special partnership we want to establish with the EU.

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