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GLOSSARY

Recast Regulation definition

What does Recast Regulation mean?

Also known as the Regulation (EU) 848/2015 of the European Parliament and of the Council of 20 May 2015 on insolvency proceedings (recast) (the Recast Regulation). It repeals the EC Regulation on Insolvency and is intended to improve the efficiency and effectiveness of insolvency proceedings with a cross-border element.

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