Debtors should be able to benefit from a temporary stay of individual enforcement actions. The stay should be available either in the preparation phase or in the context of another type of insolvency proceedings in which the debtor remains totally, or at least partially, in control of its assets and day-to-day operation of its business and in which the sale of the debtor’s business, or part thereof, as going concern can be continued and concluded. Where the stay is made available within the preparation phase, it should be available under the conditions set out in Articles 6 and 7 of Directive (EU) 2019/1023 and the national laws transposing that Directive.
Text as published in the Official Journal, reproduced verbatim (including any typographical quirks of the source). For the authentic version, see EUR-Lex.
