5 Amendments of Rolandas PAKSAS related to 2011/2006(INI)
Amendment 1 #
Motion for a resolution
Recital A
Recital A
A. whereas what is fundamentally required is to establish all the assets of a debtor and his liabilities in order to be able to assess his solvency or insolvency; whereas disparities between national insolvency laws create competitive advantages or disadvantages and difficulties for companies with cross- border activities which could become obstacles to a successful restructuring of insolvent companies; whereas those disparities favour forum-shopping; whereas the internal market would benefit from a level playing field,
Amendment 4 #
Motion for a resolution
Recital A a (new)
Recital A a (new)
Aa. whereas abuse and any spread of the phenomenon of forum shopping must be prevented,
Amendment 5 #
Motion for a resolution
Recital B
Recital B
B. whereas even if the creation of a body of substantive insolvency law at EU level is not possible, there are certain areas of insolvency law where harmonisation of the relevant rules, at least with regard to the most important principles applicable, is worthwhile and achievable,
Amendment 7 #
Motion for a resolution
Recital F a (new)
Recital F a (new)
Amendment 11 #
Motion for a resolution
Recital J a (new)
Recital J a (new)
Ja. whereas in each specific case the reasons for the insolvency of a business must be investigated, i.e. it must be ascertained whether the business’s financial difficulties are merely transient or whether the business is completely insolvent,