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The Ongoing Struggle of Multinational Groups of Companies under the EC Insolvency Regulation

The Ongoing Struggle of Multinational Groups of Companies under the EC Insolvency Regulation In the application of the Insolvency Regulation, the centre of main interests (COMI) of a debtor determines which national court is competent in insolvency proceedings. The Regulation presumes that the COMI of a company is the place of its registered office. Such a presumption, however, could well be at odds in cases where a company is part of a multinational corporate group. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png European Company Law Kluwer Law International

The Ongoing Struggle of Multinational Groups of Companies under the EC Insolvency Regulation

European Company Law , Volume 6 (4) – Aug 1, 2009

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Publisher
Kluwer Law International
Copyright
Copyright © Kluwer Law International
ISSN
1572-4999
Publisher site
See Article on Publisher Site

Abstract

In the application of the Insolvency Regulation, the centre of main interests (COMI) of a debtor determines which national court is competent in insolvency proceedings. The Regulation presumes that the COMI of a company is the place of its registered office. Such a presumption, however, could well be at odds in cases where a company is part of a multinational corporate group.

Journal

European Company LawKluwer Law International

Published: Aug 1, 2009

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