Abstract
The recent sentence of the European High Court on 21 January 2010 has highlighted the importance of preventive measures in transnational insolvency cases. The Court has stated clearly that a resolution of opening of an insolvency case adopted by the competent tribunal of a member State will be recognized by the other member States as of the moment in which it produces ef-fects in the State of origin, except when the receiver State has opened a secondary proceeding of insolvency or when the regula-tions of the State of opening permits another thing. At the same time, this raises the thorny problem of the incidence of preventa-tive measures in the proceedings of insolvency and its relation with the meeting of creditors.
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Attribution-ShareAlike 4.0 International (CC BY-SA 4.0) RSBAP 2020