Title Bankroto bylos iškėlimas Lietuvos Respublikos teisme pagal Europos Sąjungos ir Lietuvos teisę /
Translation of Title Opening of the insolvency proceedings in the Court of the Republic of Lithuania under European Union and Lithuanian Law.
Authors Čiricaitė, Radvilė
DOI 10.15388/Teise.2010.0.256
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Is Part of Teisė / Vilniaus universitetas.. Vilnius : Vilniaus universiteto leidykla. 2010, t. 74, p. 80-92.. ISSN 1392-1274
Abstract [eng] For the purpose of protecting lithuanian creditors and making administration of the debtor‘s property more effective it would be expedient in Lithuanian legislation to stipulate the possibility to institute territorial proceedings for foreign companies provided they have establishment in Lithuania. It is pointed out that there are no requirements established in Lithuanian legal acts for the content of the decision to open insolvency proceedings. Taking into consideration the practice of the other member states of the european union it is recommended to establish requirements for content of the decision to open insolvency proceedings in Lithuanian legislation. The court should indicate the type of the proceedings – whether main or secondary proceedings are opened, as well as to justify its international jurisdiction. the end of the article contains short analysis of the court’s jurisdiction for judgments which are delivered directly on the basis of the insolvency proceedings and are closely connected with such proceedings.
Published Vilnius : Vilniaus universiteto leidykla
Type Journal article
Language Lithuanian
Publication date 2010
CC license CC license description