1 Amendments of Juozas IMBRASAS related to 2011/2006(INI)
Amendment 2 #
Motion for a resolution
Recital A
Recital A
A. whereas what is fundamentally required is to establish all the assets of a debtor and his liabilities in order to be able to assess his solvency or insolvency; whereas disparities between national insolvency laws create competitive advantages or disadvantages and difficulties for companies with cross- border activities which could become obstacles to a successful restructuring of insolvent companies; whereas those disparities favour forum-shopping; whereas the internal market would benefit from a level playing field,