Preventive Restructuring and Insolvency Directive
Proposal for a DIRECTIVE OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on preventive restructuring frameworks, second chance and measures to increase the efficiency of restructuring, insolvency and discharge procedures and amending Directive 2012/30/EU
- Stage
- In force, reached 26 Jun 2019
- In force
- In force since 16 Jul 2019 · CELEX 32019L1023
- Transposition deadline
- 17 Jul 2021
- Procedure
- Directive · Ordinary legislative procedure
- Last activity
- 16 Jul 2019
Amendments
Tabled on 22 Mar 2019. The texts are in the amendment documents below.
By committee
- JURI108
By article
- Article 1 – paragraph 1 – point a1
- Article 1 – paragraph 1 – point b1
- Article 101
- Article 111
- Article 12 a (new)1
- Article 12 – paragraph 11
- Article 13 – paragraph 11
- Article 14 – paragraph 11
- Article 15 – paragraph 4 – point b1
- Article 17 – paragraph 31
ShowHide 20 more provisions
- Article 181
- Article 19 – paragraph 11
- Article 19 – paragraph 1 a (new)1
- Article 19 – paragraph 2 a (new)1
- Article 2 – paragraph 1 – point 11
- Article 2 – paragraph 1 – point 111
- Article 2 – paragraph 1 – point 121
- Article 2 – paragraph 1 – point 131
- Article 2 – paragraph 1 – point 141
- Article 2 – paragraph 1 – point 15 a (new)1
- Article 2 – paragraph 1 – point 15 b (new)1
- Article 2 – paragraph 1 – point 15 – introductory part1
- Article 2 – paragraph 1 – point 15 – point a1
- Article 2 – paragraph 1 – point 2 a (new)1
- Article 2 – paragraph 1 – point 51
- Article 2 – paragraph 1 – point 61
- Article 2 – paragraph 1 – point 81
- Article 201
- Article 22 – paragraph 1 – introductory part1
- Article 22 – paragraph 1 – point a1
Covers 30 of the 108 amendments.
Delegated and implementing acts beneath it
By status: 1 planned.
| Act | Kind | Status | Adoption |
|---|---|---|---|
| Creation of Standard Communication Form pursuant to Directive (EU) 2019/1023 | Implementing · Regulation | Planned | Q4 2026 |
Titles link to EUR-Lex where the act has been published.
Documents
Newest first. Each opens at its source.
- Report · A8-0269/2018Parliament
- Text adopted · Directive 2019/1023Commission
- OJ C 236 21.07.2017, p. 0002Commission
- Text adopted · OJ L 172 26.06.2019, p. 0018Commission
- Proposal · PE601.062Commission
- Proposal · PE601.063Commission
- Committee opinion · PE601.220Parliament
- Committee opinion · PE608.079Parliament
- Report · PE610.684Parliament
- Amendments · PE613.399Parliament
- Text adopted · SP(2019)437Parliament
- Text adopted · T8-0321/2019Parliament
Summary
GeneratedThe directive harmonizes preventive restructuring frameworks across EU member states, enabling viable businesses to restructure before insolvency and requiring full debt discharge for honest bankrupt entrepreneurs within three years. It affects insolvency practitioners, creditors, distressed companies, and entrepreneurs.
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Sources: EP Legislative Observatory · EU Law Tracker · EUR-Lex. Record as of 30 Sept 2026. Something wrong on this page? Report an error.
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