Article 49: Assets remaining in the secondary insolvency proceedings



: Hupli, Tuomas

: Cuniberti, Gilles; Leandro, Antonio

: 2024

: The European Insolvency Regulation and Implementing Legislations : A Commentary

: Elgar Commentaries in Private International Law

: 505

: 506

: 978-1-80220-520-6

: 978-1-80220-521-3

DOI: https://doi.org/10.4337/9781802205213.ch49

: 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.



Last updated on 2025-27-01 at 19:51