Titu Maiorescu University announces the completion of the first Report of the JCOERE Project on Judicial Co-Operation supporting Economic Recovery in Europe. It has now been published on the project’s website and can be viewed here.

The report provides an examination of the substantive regulations set out in the Restructuring and Insolvency Directive (EU) 2017/1132) and a comparative analysis of how these new provisions interfere with existing rules on preventive restructuring in the Member States but also with the requirements at EU level, within the limits of the judicial cooperation stipulated in Regulation 848/2015 on insolvency proceedings.

The project thus goes into a new phase of analysis, focused on the courts and whether or not this obligation of cooperation will work in particular cases. More details about JCOERE’s publications and activities are available on JCOERE’s website.

The JCOERE project is co-financed by Horizon 2020 – Framework Program for Research and Innovation (2014-2020) – Contract JCOERE-800807-PM and it aims to improve judicial cooperation under Regulation (EU) 2015/848 on insolvency proceedings to support preventive business restructuring procedures at the European level.

Titu Maiorescu University of Bucharest is a partner in this project, together with University College Cork, Universita degli Studi Firenze, and INSOL Europe. Within the University the project is managed by Professor Smaranda Angheni, PhD; Associate Professor Ioana Mânea, PhD; Judge Nicoleta Mirela Nastasie, PhD candidate and Lecturer Cristian Drăghici, PhD.

Titu Maiorescu University represents for JCOERE a partner with significant experience in the case of the countries that have recently joined the European Union, from the former Eastern Europe, offering advice on the challenges that these countries face regarding the acquis communataire, the capacity of national authorities and courts to address obligations in the Regulation – which have direct implications – and raising awareness of other legal systems across Europe.

The Faculty of Law is one of the oldest faculties of Titu Maiorescu University, founded in 1990 as the first private university in Romania, recognized by the JCOERE consortium as one of the most prestigious institutions of higher education in the country.

The JCOERE Team at Titu Maiorescu University includes many specialists in this field: