Open on EUR-Lex ↗
◷
New version applies from 02/07/2014 — introduced by Bank Recovery and Resolution Directive (BRRD). 37 provisions change. Article 30 changes in this version: compare with the current text.

Article 30 - Detrimental acts

Article 30
Detrimental acts

1.Article 10 shall not apply as regards the rules relating to the voidness, voidability or unenforceability of legal acts detrimental to the creditors as a whole, where the beneficiary of these acts provides proof that: - the act detrimental to the creditors as a whole is subject to the law of a Member State other than the home Member State, and - that law does not allow any means of challenging that act in the case in point.

2.Where a reorganisation measure decided on by a judicial authority provides for rules relating to the voidness, voidability or unenforceability of legal acts detrimental to the creditors as a whole performed before adoption of the measure, Article 3(2) shall not apply in the cases provided for in paragraph 1 of this Article.

Official text · the act as published Open full page ↗
5 queries · page built in 5 msInventory f82bbfa3