A new version of the Insolvency Registers Interconnection search interface is now available on the e-Justice Portal.
Background
The EU-wide interconnection of national insolvency registers (IRI 2.0) has been developed in accordance with article 25 of the Regulation (EU) 2015/848 on insolvency proceedings across EU borders. EU Member States are required to publish relevant information on cross-border insolvency cases in a publicly accessible online register (see here) and these registers shall be interconnected via the European e-Justice Portal.
The decentralised system allows searches for insolvent debtors, either natural or legal persons, within the EU Member States registers that completed the implementation according to the Insolvency Regulation. It aims at ensuring that creditors and national courts receive relevant information and at preventing parallel proceedings to be opened within the EU.
New Version
Since 1 September 2021, the new system has replaced the current version based on voluntary participation under the insolvency Registers Interconnection search (IRI 1.0) and applicable in the following Member States: Austria, the Czech Republic, Estonia, Germany, Italy, Latvia, the Netherlands, Slovenia and Romania (see here).
The new system applies (for now) in the following Member States: Belgium, Estonia, Spain, Croatia, Cyprus, Latvia, Lithuania, The Netherlands, Portugal, Romania, Slovakia, Finland, Sweden and Germany (see here).
More information here.
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Background
The EU-wide interconnection of national insolvency registers (IRI 2.0) has been developed in accordance with article 25 of the Regulation (EU) 2015/848 on insolvency proceedings across EU borders. EU Member States are required to publish relevant information on cross-border insolvency cases in a publicly accessible online register (see here) and these registers shall be interconnected via the European e-Justice Portal.
The decentralised system allows searches for insolvent debtors, either natural or legal persons, within the EU Member States registers that completed the implementation according to the Insolvency Regulation. It aims at ensuring that creditors and national courts receive relevant information and at preventing parallel proceedings to be opened within the EU.
New Version
Since 1 September 2021, the new system has replaced the current version based on voluntary participation under the insolvency Registers Interconnection search (IRI 1.0) and applicable in the following Member States: Austria, the Czech Republic, Estonia, Germany, Italy, Latvia, the Netherlands, Slovenia and Romania (see here).
The new system applies (for now) in the following Member States: Belgium, Estonia, Spain, Croatia, Cyprus, Latvia, Lithuania, The Netherlands, Portugal, Romania, Slovakia, Finland, Sweden and Germany (see here).
More information here.
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