The aim of this report is to analyze the new option of the insolvency practitioner to give an undertaking as an alternative of secondary insolvency proceedings. The requirements, stages and potential problems regarding the undertaking will be analyzed. Also a comparison with Bulgarian law will be made.
Regulation 2015/848, undertaking, insolvency practitioner, secondary proceedings
Cite this paper
Vladislav Ivanov. (2019) The Undertaking of the Insolvency Practitioner in Cross-border Insolvencies According to Regulation 2015/848. International Journal of Economics and Management Systems, 4, 73-76