Corporate & Business DOUE Importance: 4/10

Correction of errors in the European directive on restructuring of enterprises in difficulties and insolvency

09 Apr 2026 10 views
Who is affected:
Enterprises in financial difficulties, insolvent debtors, creditors and insolvency professionals

Summary

Technical errors are corrected in the European directive that regulates how companies can restructure before bankruptcy and how debtors can be relieved of their debts.

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This error correction affects Directive (EU) 2019/1023, which establishes preventive restructuring frameworks for enterprises in financial difficulties, debt discharge mechanisms for insolvent persons and rules on disqualifications. The original directive requires Member States to have procedures allowing viable enterp…

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Full official title

CELEX:32019L1023R(03): Corrección de errores de la Directiva (UE) 2019/1023 del Parlamento Europeo y del Consejo, de 20 de junio de 2019, sobre marcos de reestructuración preventiva, exoneración de deudas e inhabilitaciones, y sobre medidas para aumentar la eficiencia de los procedimientos de reestructuración, insolvencia y exoneración de deudas, y por la que se modifica la Directiva (UE) 2017/1132 (Directiva sobre reestructuración e insolvencia) (DO L 172 de 26.6.2019)

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