The Impact of Brexit on Debt Restructuring and Insolvency Practice

Penades, Manuel; Schillig, Michael

The Impact of Brexit on Debt Restructuring and Insolvency Practice

Negotiating the post-Brexit legal relations between the UK and the EU (edited by Andrea Biondi, Patrick Birkinshaw and Maria Kendrick), Kluwer International, 2018 [Forthcoming]

King's College London Law School Research Paper No. 2018-06

16 Pages Posted: 29 Jan 2018 Last revised: 3 Apr 2018

See all articles by Manuel Penades

Michael Schillig

King's College London - The Dickson Poon School of Law

Date Written: November 1, 2017

Abstract

The management of international insolvency proceedings and debt-restructuring operations constitutes a field in which United Kingdom has reached an unarguable leadership during the last decades. An essential key for the success of this industry lies on the uniform regime that EU Law (specially the Regulation on Insolvency Proceedings) provides for this matter. Said regime may come to an end once Brexit becomes effective.

Keywords: Brexit, Insolvency law, Schemes of arrangement, UNCITRAL Model law

Suggested Citation: Suggested Citation

Penades, Manuel and Schillig, Michael, The Impact of Brexit on Debt Restructuring and Insolvency Practice (November 1, 2017). Negotiating the post-Brexit legal relations between the UK and the EU (edited by Andrea Biondi, Patrick Birkinshaw and Maria Kendrick), Kluwer International, 2018 [Forthcoming], King's College London Law School Research Paper No. 2018-06, Available at SSRN: https://ssrn.com/abstract=3105501