On 18 March 2026, the European Commission presented its proposal for EU Inc., an optional, digital-by-default European corporate framework designed to sit alongside existing national company frameworks as the cornerstone of the EU’s 28th regime. It provides for simple and efficient corporate rules and procedures covering the full lifecycle of a company, from registration through governance and operation to investment. Of particular interest for restructuring practitioners are the insolvency and liquidation provisions: they represent a meaningful attempt to harmonise winding-up procedures across the Single Market.
Innovative startups will have access to simplified insolvency procedures to facilitate the winding-up of operations, enabling…