+Article 1 1

Article 1 1

1.   This Directive lays down rules on:

(a)

preventive restructuring frameworks available for debtors in financial difficulties when there is a likelihood of insolvency, with a view to preventing the insolvency and ensuring the viability of the debtor;

(b)

procedures leading to a discharge of debt incurred by insolvent entrepreneurs; and

(c)

measures to increase the efficiency of procedures concerning restructuring, insolvency and discharge of debt.

1. Overview

,

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards