(12)In order to enhance standardised creditor protection in all Member States, creditors should be able to resort, under certain conditions, to judicial or administrative proceedings where their claims are at stake as a consequence of a reduction in the capital of a public limited liability company.
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New version applies from 02/07/2014 — introduced by Bank Recovery and Resolution Directive (BRRD).
16 provisions change.
Later versions: 20/07/2017.
Recital 12 changes in this version: compare with the current text.