EMCC European Monitoring Centre on Change

Restructuring related legislation

Eurofound’s ERM database on restructuring related legal regulations provides information on regulations in the Member States of the European Union and Norway which are explicitly or implicitly linked to anticipating and managing change. The database covers statutory rules, only, and does not include collective agreements or company-level initiatives. The regulations are described in terms of their content, thresholds, involved actors and who covers the cost (if applicable). The aim is to provide an easy possibility of a cross-national comparison of the main features of restructuring related legislation.

Eurofound aims to keep this information up to date and accurate. If errors are brought to our attention, we will try to correct them. However, Eurofound accepts no responsibility or liability whatsoever with regard to the information in this database. This information is:

  • of a general nature only and is not intended to address the specific circumstances of any particular individual or entity; not necessarily comprehensive, complete, accurate or up to date;
  • sometimes linked to external sites over which Eurofound services have no control and for which Eurofound assumes no responsibility;
  • not professional or legal advice (if specific advice is needed, a suitably qualified professional should be consulted).

Research carried out prior to the UK’s withdrawal from the European Union on 31 January 2020, and published subsequently, may include data relating to the 28 EU Member States. Following this date, research only takes into account the 27 EU Member States (EU28 minus the UK), unless specified otherwise.

486 items found

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Make your selection by using the filters below. Multiple selection and a combination of filters can be used.

  • CountryEU 27 + UK and Norway
  • Titlethe title is made up of the country name and type, for example: Austria: working time flexibility
  • PhaseEither anticipation or management
    • Anticipationrefers to activities that help to prepare workers or companies for change.
    • Managementcovers activities required to handle a current restructuring event while minimising social costs. It refers to the steps involved in implementing an organisational change process.
  • Typethe range includes, for example, provisions for collective dismissal, information/consultation obligations, notice periods and severance payments, training obligations for employers and employees and regulations concerning working time flexibility
  • Choose bywhether the regulation is obligatory in all circumstances or only for companies over a certain size or cases affecting a certain number of workers
  • Cost covered by
    • no specific additional costs are involved
    • costs covered by national or regional governments
    • cost covered by companies in general or the specific employer undergoing restructuring
    • cost covered by employees
  • Involved actorsincluding regional or local government, works councils, employers’ organisations, trade union or public employment services. The national government, as legislator, is assumed to be involved in all regulations so is not included as a filter option.
Operations
Selected 20 rows in this page.  
Title Country Typesort ascending Native name English name
Estonia: Rescue procedures in insolvency Estonia Rescue procedures in insolvency Saneerimisseadus Reorganisation act
Greece: Rescue procedures in insolvency Greece Rescue procedures in insolvency ΠΟΛ.1027/2018 Τροποποίηση του Πτωχευτικού Κώδικα (ν. 3588/2007 - Α' 153) με τους ν. 4446/2016 (Α'240), ν. 4472/2017 (Α' 74), ν. 4491/2017 (Α' 152) και ν. 4512/2018 (Α'5): Επισήμανση βασικών μεταβολών στη διαδικασία της πτώχευσης και παροχή οδηγιών; Νόμος 3588/2007 Πτωχευτικός Κώδικας; Νόμος 4013/2011 Σύσταση ενιαίας Ανεξάρτητης Αρχής Δημοσίων Συμβάσεων και Κεντρικού Ηλεκτρονικού Μητρώου Δημοσίων Συμβάσεων - Αντικατάσταση του έκτου κεφαλαίου του ν. 3588/2007 (πτωχευτικός κώδικας) - Προπτωχευτική διαδικασία εξυγίανσης και άλλες διατάξεις Circular 1027/2018: Amendment of the bankruptcy code (Law 3588/2007 - OJHR A-153) by Law 4446/2016 (OJHR A-240), Law 4472/2017 (OJHR A-74), Law 4491/2017 (OJHR A-152), and Law 4512/2018 (OJHR A-5): Indication of critical changes in bankruptcy proceedings and provision of instructions; Law 3588/2007 Bankruptcy cde; Law 4013/2011 Establishment of a single idependent public procurement authority and central electronic public procurement registry - Substitution of the sixth chapter of Law 3588/2007 (bankruptcy code) - Procuring process of consolidation and other provisions
Hungary: Rescue procedures in insolvency Hungary Rescue procedures in insolvency 1991. évi XLIX. törvény a Csődeljárásról és a Felszámolási eljárásról Act XLIX of 1991 on bankruptcy and liquidation proceedings
Lithuania: Rescue procedures in insolvency Lithuania Rescue procedures in insolvency LR juridinių asmenų nemokumo įstatymas Nr. XIII-2221 Law on insolvency of legal entities of the Republic of Lithuania No XIII-2221
Netherlands: Rescue procedures in insolvency Netherlands Rescue procedures in insolvency Faillissementswet; Wet Continuiteit Ondernemingen I; Wet modernisering faillissementsprocedure Bankruptcy act; Continuity of enterprises act I; Bankruptcy procedure modernisation act
Latvia: Rescue procedures in insolvency Latvia Rescue procedures in insolvency Maksātnespējas likums Insolvency law
Germany: Rescue procedures in insolvency Germany Rescue procedures in insolvency Insolvenzordnung (InsO); Gesetz zur weiteren Erleichterung der Sanierung von Unternehmen (ESUG); Gesetz zur weiteren Erleichterung von Konzerninsolvenzen; Gesetz zur Fortentwicklung des Sanierungs- und Insolvenzrechts (SanInsFoG) Insolvency statute; Act to further facilitate the restructuring of companies; Act to facilitate the insolvency procedure of large companies (holdings); Act on the advancement of restructuring and insolvency law
Finland: Rescue procedures in insolvency Finland Rescue procedures in insolvency Konkurssilaki (120/2004); Laki yrityksen saneerauksesta (47/1993); Laki yksityishenkilön velkajärjestelystä (57/1993) Bankruptcy act (120/2004); Restructuring of enterprises act (47/1993); Act on the adjustment of the debts of a private individual (57/1993)
Malta: Rescue procedures in insolvency Malta Rescue procedures in insolvency Att dwar il-Kumpanniji Companies act
Austria: Rescue procedures in insolvency Austria Rescue procedures in insolvency Insolvenzordnung (IO) Insolvency Act
Portugal: Rescue procedures in insolvency Portugal Rescue procedures in insolvency Código da Insolvência e da Recuperação de Empresas (CIRE); Decreto-Lei n.º 53/2004, alterado pela Lei 6/2018 de 22 de Fevereiro - estabelece o estatuto do mediador de recuperação de empresas e pela Lei 8/2018 de 2 de Março - Regime Extrajudicial de Recuperação de Empresas Insolvency and business recovery code; Decree Law no. 53/2004, amended by Law 6/2018 of 22 February - establishes the business recovery mediator and by Law 8/2018 of 2 March - Extrajudicial recovery procedure
Sweden: Rescue procedures in insolvency Sweden Rescue procedures in insolvency Konkurslag (1987:672); Lag (1996:764) om företagsrekonstruktion Bankruptcy act (1987:672); Company reorganisation act (1996:764)
Slovenia: Rescue procedures in insolvency Slovenia Rescue procedures in insolvency Zakon o finančnem poslovanju, postopkih zaradi insolventnosti in prisilnem prenehanju (ZFPPIPP) Financial Operations, Insolvency Proceedings and Compulsory Winding-up Act (ZFPPIPP)
Belgium: Rescue procedures in insolvency Belgium Rescue procedures in insolvency Wet houdende invoeging van het Boek XX van economisch recht 'Insolventie van ondernemingen' 11 August 2017/Loi portant insertion du Livre XX dans le Code de droit économique 'Insolvabilité des entreprises', 11 August 2017; Loi relative à la continuité des entreprises; Wet van 27 mei 2013 - Wet tot wijziging van verschillende wetgevingen inzake de continuïteit van de ondernemingen/Loi de 27 Mai 2013 - Loi modifiant diverses législations en matière de continuité des entreprises Book XX of the economic code 'Insolvency of Enterprises' of 11 August 2017; Act of 27 May 2013 to modify different laws with regards to the continuity of companies
Romania: Rescue procedures in insolvency Romania Rescue procedures in insolvency Legea nr. 85/2014 privind procedurile de prevenire a insolvenţei şi de insolvenţă, publicată în Monitorul oficial al României nr. 466 din 25 iunie 2014 Law no. 85/2014 on insolvency and insolvency prevention procedures, published in the Romanian Official Gazette no. 466 of 25 June 2014
Cyprus: Rescue procedures in insolvency Cyprus Rescue procedures in insolvency Ο περι εταιρειών νόμος (κεφάλαιο 113) Companies Law (Chapter 113)
Poland: Rescue procedures in insolvency Poland Rescue procedures in insolvency Ustawa z dnia 15.05.2015 r. - Prawo restrukturyzacyjne; Ustawa z dnia 28.02.2003 r. - Prawo upadłościowe (do 31.12.2015 r. pod nazwą -Prawo upadłościowe i naprawcze) Act of 15.05.2015 -Restructuring Law; Act of 28.02.2003 - Bankruptcy Law (until 31.12.2003 under the name - Bankruptcy and Reorganisation Law)
Luxembourg: Rescue procedures in insolvency Luxembourg Rescue procedures in insolvency Alternatives à la faillite - Code du Commerce Alternative to bankrupcy - Commercial code
Norway: Rescue procedures in insolvency Norway Rescue procedures in insolvency Konkursloven; Dekningsloven Bankruptcy act; Debt recovery act
Slovakia: Rescue procedures in insolvency Slovakia Rescue procedures in insolvency Zákon č. 7/2005 Z.z. o konkurze a reštrukturalizácii a o zmene a doplnení niektorých zákonov Act No. 7/2005 Coll. on bankruptcy and restructuring and on changes and supplements to some laws

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