Correction of errors in the European directive on restructuring of enterprises in difficulties and insolvency
09 Apr 2026
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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.
Detailed analysis
PRO
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…
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)