+Article 16 4

Article 16 4

4.   Member States shall ensure that, where an appeal pursuant to paragraph 3 is upheld, the judicial authority may either:

(a)

set aside the restructuring plan; or

(b)

confirm the restructuring plan, either with amendments, where so provided under national law, or without amendments.

Member States may provide that, where a plan is confirmed under point (b) of the first subparagraph, compensation is granted to any party that incurred monetary losses and whose appeal is upheld.

1. Ħarsa ġenerali

,

1.1 Referenzi

1.2 Rekwiżiti identifikati

1.3 Standards relatati

2. Rekwiżiti identifikati

Rekwiżiti

3. Standards relatati

Standards