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2016/0359(COD)COM(2016)723

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
108 amendments

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
Show 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.

1 act

Delegated and implementing acts beneath it

By status: 1 planned.

ActKindStatusAdoption
Creation of Standard Communication Form pursuant to Directive (EU) 2019/1023Implementing · RegulationPlannedQ4 2026

Titles link to EUR-Lex where the act has been published.

Summary

Generated

The 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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