Centre of Main Interest (otherwise known as COMI) with Regard to the Existing Case-law of the Court of Justice of the European Union (CJEU)

The centre of main interests is the key concept of Regulation (EU) 2015/848 of the European Parliament and of the Council of 20 May 2015 on insolvency proceedings. Its significance lies in the fact that this concept constitutes the sole determinant for establishing international jurisdiction for the opening of the main insolvency proceedings. The paper deals with the analysis of the concept of COMI, including the presentation of the case-law of the Court of Justice of the European Union.

European Cross-Border Insolvency Law

This book provides a distilled and accessible analysis of the European cross-border insolvency law. With reference to the amended Insolvency Regulation (EIR) and related sources it examines the issues involved in intra-member state cross-border insolvency. The book analyses in depth the main areas of change brought about by the EIR such as the restatement of the meaning of 'centre of main interest' (COMI) and the rules on international jurisdiction, the new specific measures for multi-national enterprises, and the move towards co-operation between insolvency practitioners and courts. The EIR represents a very significant development in European insolvency law which will have an impact on all insolvencies with an international element involving a European state. All practitioners advising on the area need a clear grasp of the implications of the changes and this book aims to deliver just that.