B2 Non-refereed book chapter or chapter in a compilation book
Article 49: Assets remaining in the secondary insolvency proceedings
Authors: Hupli, Tuomas
Editors: Cuniberti, Gilles; Leandro, Antonio
Publication year: 2024
Book title : The European Insolvency Regulation and Implementing Legislations : A Commentary
Series title: Elgar Commentaries in Private International Law
First page : 505
Last page: 506
ISBN: 978-1-80220-520-6
eISBN: 978-1-80220-521-3
DOI: https://doi.org/10.4337/9781802205213.ch49
Web address : https://www.elgaronline.com/edcollchap/book/9781802205213/ch49.xml
Articles 45 to 52 of the European Insolvency Regulation define the relationship between main and secondary proceedings and the extent of the dominance of main proceedings. Article 49 establishes the duty of the insolvency practitioner in the secondary proceedings to transfer assets remaining in the secondary proceedings to the insolvency practitioner in the main proceedings.
