Article 12 Payment systems and financial markets

Kapitel in diesem Buch

1. Frontmatter I
2. Authors of European Insolvency Regulation 2015 V
3. List of authors VI
4. Preface EIR 2015 VII
5. Table of contents IX
6. Official materials XIII
7. List of principal works and monographs XIV
8. List of abbreviations XVII
9. Regulation (EU) 2015/848 of the European Parliament and of the Council 1
10. Introduction 16
11. Chapter I General provisions
12. Article 1 Scope 66
13. Article 2 Definitions 121
14. Article 3 International jurisdiction 169
15. Article 4 Examination as to jurisdiction 234
16. Article 5 Judicial Review of the decision to open main insolvency proceedings 244
17. Article 6 Jurisdiction for actions deriving directly from insolvency proceedings and closely linked with them 252
18. Article 7 Applicable law 285
19. Article 8 Third parties’ rights in rem 359
20. Article 9 Set-off 398
21. Article 10 Reservation of title 420
22. Article 11 Contracts relating to immoveable property 439
23. Article 12 Payment systems and financial markets 452
24. Article 13 Contracts of employment 464
25. Article 14 Effects on rights subject to registration 477
26. Article 15 European patents with unitary effect and Community trade marks 489
27. Article 16 Detrimental acts 497
28. Article 17 Protection of third-party purchasers 524
29. Article 18 Effects of insolvency proceedings on pending lawsuits or arbitral proceedings 538
30. Chapter II Recognition of insolvency proceedings
31. Article 19 Principle 554
32. Article 20 Effects of recognition 585
33. Article 21 Powers of the insolvency practitioner 599
34. Article 22 Proof of the insolvency practitioner’s appointment 612
35. Article 23 Return and imputation 615
36. Article 24 Establishment of insolvency registers 622
37. Article 25 Interconnection of insolvency registers 633
38. Article 26 Costs of establishing and interconnecting insolvency registers 639
39. Article 27 Conditions of access to information via the system of interconnection 640
40. Article 28 Publication in another Member State 643
41. Article 29 Registration in public registers of another Member State 649
42. Article 30 Costs 655
43. Article 31 Honouring of an obligation to a debtor 657
44. Article 32 Recognition and enforceability of other judgments 663
45. Article 33 Public policy 671
46. Chapter III Secondary insolvency proceedings
47. Article 34 Opening of proceedings 677
48. Article 35 Applicable law 700
49. Article 36 Right to give an undertaking in order to avoid secondary insolvency proceedings 704
50. Article 37 Right to request the opening of secondary insolvency proceedings 717
51. Article 38 Decision to open secondary insolvency proceedings 724
52. Article 39 Judicial review of the decision to open secondary insolvency proceedings 734
53. Article 40 Advance payment of costs and expenses 738
54. Article 41 Cooperation and communication between insolvency practitioners 740
55. Article 42 Cooperation and communication between courts 748
56. Article 43 Cooperation and communication between insolvency practitioners and courts 753
57. Article 44 Costs of cooperation and communication 756
58. Article 45 Exercise of creditors’ rights 757
59. Article 46 Stay of the process of realisation of assets 767
60. Article 47 Power of the insolvency practitioner to propose restructuring plans 773
61. Article 48 Impact of closure of insolvency proceedings 778
62. Article 49 Assets remaining in the secondary insolvency proceedings 782
63. Article 50 Subsequent opening of the main insolvency proceedings 784
64. Article 51 Conversion of secondary insolvency proceedings 785
65. Article 52 Preservation measures 792
66. Chapter IV Provision of information for creditors and lodgement of their claims
67. Article 53 Right to lodge claims 800
68. Article 54 Duty to inform creditors 805
69. Article 55 Procedure for lodging claims 811
70. Chapter V Insolvency proceedings of members of a group of companies
71. Section 1 Cooperation and communication
72. Article 56 Cooperation and communication between insolvency practitioners 818
73. Article 57 Cooperation and communication between courts 848
74. Article 58 Cooperation and communication between insolvency practitioners and courts 868
75. Article 59 Cost of cooperation and communication in insolvency proceedings concerning members of a group of companies 875
76. Article 60 Powers of the insolvency practitioner in proceedings concerning members of a group of companies 879
77. Section 2 Coordination
78. Subsection 1 Cooperation and communication
79. Article 61 Request to open group coordination proceedings 897
80. Article 62 Priority rule 902
81. Article 63 Notice by the court seised 903
82. Article 64 Objections by insolvency practitioners 906
83. Article 65 Consequences of objection to the inclusion in group coordination 909
84. Article 66 Choice of court for group coordination proceedings 910
85. Article 67 Consequences of objections to the proposed coordinator 912
86. Article 68 Decision to open group coordination proceedings 913
87. Article 69 Subsequent opt-in by insolvency practitioners 915
88. Article 70 Recommendations and group coordination plan 918
89. Subsection 2 General provisions
90. Article 71 The coordinator 920
91. Article 72 Tasks and rights of the coordinator 922
92. Article 73 Languages 927
93. Article 74 Cooperation between insolvency practitioners and the coordinator 928
94. Article 75 Revocation of the appointment of the coordinator 929
95. Article 76 Debtor in possession 931
96. Article 77 Costs and distribution 932
97. Chapter VI Data protection
98. Article 78 Data protection 935
99. Article 79 Responsibilities of Member States regarding the processing of personal data in national insolvency registers 945
100. Article 80 Responsibilities of the Commission in connection with the processing of personal data 950
101. Article 81 Information obligations 954
102. Article 82 Storage of personal data 956
103. Article 83 Access to personal data via the European e-Justice Portal 958
104. Chapter VII Transitional and final provisions
105. Article 84 Applicability in time 960
106. Article 85 Relationship to Conventions 969
107. Article 86 Information on national and Union insolvency law 980
108. Article 87 Establishment of the interconnection of registers 986
109. Article 88 Establishment and subsequent amendment of standard forms 991
110. Article 89 Committee procedure 994
111. Article 90 Review clause 998
112. Article 91 Repeal 1003
113. Article 92 Entry into force 1005
114. Annex A Insolvency proceedings referred to in point (4) of Article 2 1008
115. Annex B Insolvency practitioners referred to in point (5) of Article 2 1012
116. Annex C Repealed Regulation with list of the successive amendments thereto 1016
117. Annex D Correlation table 1017
118. Register of CJEU cases 1020
119. Index 1031