Companies are increasingly trading on a global scale and, despite more recent headwinds, this trend will only continue. Whilst there have been advances in the recognition of foreign insolvencies in many jurisdictions, such as the EU Directive on Insolvency Law and the UNCITRAL Model Law, there has been little, if any, global harmonization of insolvency laws. Rules vary significantly from jurisdiction to jurisdiction, and so companies need to understand those differences and how they can impact on the way they do business.
Jurisdictions covered
🡢 Czech Republic 🡢 England and Wales 🡢 France 🡢 Germany 🡢 Hong Kong 🡢 Hungary 🡢 Italy 🡢 Ireland 🡢 Netherlands 🡢 Northern Ireland 🡢 Poland 🡢 Romania 🡢 Slovakia 🡢 Spain 🡢 United States
Jurisdictions covered
🡢 Czech Republic 🡢 England and Wales 🡢 France 🡢 Germany 🡢 Hong Kong 🡢 Hungary 🡢 Italy 🡢 Ireland 🡢 Mainland China, the People's Republic of China 🡢 Netherlands 🡢 Northern Ireland 🡢 Poland 🡢 Romania 🡢 Slovakia 🡢 Spain 🡢 United States
Global expertise in restructuring and insolvency solutions
Eversheds Sutherland has restructuring and insolvency lawyers across the world to help you cut through the complexity. We represent creditors and debtors in an extensive range of bankruptcy and insolvency proceedings, and also have wide-ranging experience in out-of-court workouts. Our aim is to offer you timely, individually tailored advice in testing times. We take a multi-disciplinary approach and often collaborate with colleagues in our Banking, Private Equity, Pensions, Employment, Real Estate and Regulatory teams. Understanding the complexities of financial distress is only part of the equation, however. In-depth technical and sector knowledge enables us to deliver solutions that are specific to each business, from energy and infrastructure companies to media and telecommunications.
The purpose of this second edition of the Eversheds Sutherland Global Guide to Company Insolvency is to provide a quick reference guide to company insolvency laws and procedures in a range of jurisdictions. Covering a wider range of jurisdictions and updated for developments since 2020, this guide summarizes the law relating to corporate insolvency and restructuring on a country-by-country basis and answers some of the questions most likely to be asked by distressed companies or their creditors. This guide only considers the rules that apply to general company insolvency. It does not address the insolvency procedures that apply to individuals or special insolvency regimes (for example, those applicable to credit institutions, investment banks or insurers). If you have a query in relation to such matters, please ask one of the contacts named in the guide.
Published: May 2025
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