practitioner in the field of restructuring

Definitions over time (1)

16/07/2019 – today applies on 12/11/2026 Article 2, Directive (EU) 2019/1023 Scope: Whole act

1. For the purposes of this Directive, the following definitions apply:

‘practitioner in the field of restructuring’ means any person or body appointed by a judicial or administrative authority to carry out, in particular, one or more of the following tasks: assisting the debtor or the creditors in drafting or negotiating a restructuring plan; supervising the activity of the debtor during the negotiations on a restructuring plan, and reporting to a judicial or administrative authority; taking partial control over the assets or affairs of the debtor during negotiations.