Translation of "Poursuite par voie de faillite " (French → English) :

debt collection under Bankruptcy proceedings

debt collection under bank-ruptcy proceedings

prosecution on indictment

Supervisory Board for Debt Collection and Bankruptcy

debt collection and bankruptcy officer

Chamber of Debt Collection and Bankruptcy | Debt and Bankruptcy Chamber

proceeding brought by individual creditors stayed by the judgement opening the bankruptcy

The amendments concern: the definition of irregularity as stated in Article 1.2 of Regulation (CE) n° 2988/95 of the Council; the definition of suspicion of fraud; the clarification of the moment when a case must be notified; the definition of “bankruptcy” and the exclusion of the obligation to notify cases of bankruptcy, except some cases, namely when there is a suspicion of fraud; the electronic transmission of irregularity cases; the increase of the notification threshold from€ 4 000 to € 10 000; the redefinition of the objectives, stressing on risk analysis.

The new Europe 2020 strategy continues in this vein and sets the objective of making the EU a smart economy based on the development of knowledge and innovation.

(b)where the economic operator is bankrupt or is the subject of insolvency or winding-up proceedings, where its assets are being administered by a liquidator or by the court, where it is in an arrangement with creditors, where its business activities are suspended or it is in any analogous situation arising from a similar procedure under national laws and regulations; the contracting authority or the contracting entity may, however, decide not to exclude or be required by the Member State not to so exclude an economic operator which is in one of the above situations where it has established that the economic operator in question will be able to perform the concession, taking into account the applicable national rules and measures o ...[+++]n the continuation of business in the case of those situations.

where the economic operator is bankrupt or is the subject of insolvency or winding-up proceedings, where its assets are being administered by a liquidator or by the court, where it is in an arrangement with creditors, where its business activities are suspended or it is in any analogous situation arising from a similar procedure under national laws and regulations; the contracting authority or the contracting entity may, however, decide not to exclude or be required by the Member State not to so exclude an economic operator which is in one of the above situations where it has established that the economic operator in question will be able to perform the concession, taking into account the applicable national rules and measures o ...[+++]n the continuation of business in the case of those situations.