The increasing deployment of artificial intelligence in economic decision-making processes is progressively affecting insolvency-related contexts. The EU AI Act establishes a harmonised regulatory framework across the European Union; while it does not bring about any direct changes to substantive insolvency law, it fundamentally redefines the legal requirements for the use of algorithmic systems in insolvency-related … Continue Reading
In a judgment of 9 July 2025 the Landgericht Frankfurt am Main (District Court of Frankfurt am Main) held (case 2-12 O 239/24) that a Part 26A plan sanctioned by the English High Court is not enforceable in Germany and that accordingly the affected German dissenting lender was entitled to sue the plan company, i.e. … Continue Reading
The negotiated settlement procedure introduced by the Italian Code of Business Crisis and Insolvency (“CCII”), is a tool designed to facilitate the recovery of financially distressed companies through consensual, out-of-court solutions. Under Article 22(1)(d) of CCII, an entrepreneur may request the Court’s authorization to transfer its business (or one or more of its branches), in … Continue Reading
