Save Comp. Collection and development of best practices in cross border cases for the survival of distressed companies, Co-Funded by the Action grants to support judicial cooperation in civil and criminal matters JUST/2014/JCOO/AG/CIVI/7693 of the European Union
Following a practical comparative international methodology, the goal of the Project is to collect and exchange best practices in the field of insolvency and pre-insolvency cross-border proceedings, so to help office holders in insolvency proceedings to better coordinate and implement international cooperation, thus enhancing management of multiple proceedings, reoganisation of companies and the protection of creditors and interests of stakeholders.
The Project aims at collecting best practices, rules of PIL and case law in insolvency and pre-insolvency cross-border proceedings at the domestic level, so to disseminate these first results. Moreover, the Project aims to compare the domestic best practices (either already followed in the MSs involved in the research, or suggested by the Partners) so as to possibly develop and exchange best practices which might be of use in cross-border proceedings.
The Project has started in February 2016 and will last 24 months.