COUNCIL REGULATION (EC) No 788/2008
of 24 July 2008
amending the lists of insolvency proceedings and winding-up proceedings in Annexes A and B to Regulation (EC) No 1346/2000 on insolvency proceedings and codifying Annexes A, B and C to that Regulation
THE COUNCIL OF THE EUROPEAN UNION,
Having regard to the Treaty establishing the European Community,
Having regard to Council Regulation (EC) No 1346/2000 of 29 May 2000 on insolvency proceedings (1), and in particular Article 45 thereof,
Having regard to the proposal from the Commission,
Whereas:
(1)
Annexes A, B and C to Regulation (EC) No 1346/2000 list the designations given in the national legislation of the Member States to the proceedings and liquidators to which that Regulation applies. Annex A lists the insolvency proceedings referred to in Article 2(a) of that Regulation. Annex B lists the winding-up proceedings referred to in Article 2(c) of that Regulation and Annex C lists the liquidators referred to in Article 2(b) of that Regulation.
(2)
On 13 December 2007 the Republic of Latvia notified the Commission, pursuant to Article 45 of Regulation (EC) No 1346/2000, of amendments to the lists set out in Annexes A and B to that Regulation.
(3)
As a consequence of the amendments to Annexes A and B to Regulation (EC) No 1346/2000 following the abovementioned notification by Latvia a codification of Annexes A, B and C to that Regulation should be made to provide all parties involved in insolvency proceedings covered by that Regulation with the necessary legal certainty.
(4)
The United Kingdom and Ireland are bound by Regulation (EC) No 1346/2000 and, by virtue of Article 45 of that Regulation, are therefore taking part in the adoption and application of this Regulation.
(5)
In accordance with Articles 1 and 2 of the Protocol on the position of Denmark, annexed to the Treaty on European Union and to the Treaty establishing the European Community, Denmark does not take part in the adoption of this Regulation and is not bound by it or subject to its application.
(6)
Annexes A and B to Regulation (EC) No 1346/2000 should therefore be amended and Annexes A, B and C codified accordingly,
HAS ADOPTED THIS REGULATION:
Article 1
Regulation (EC) No 1346/2000 is hereby amended as follows:
1.
In Annex A, the designations for the Republic of Latvia shall be replaced by the following:
‘LATVIJA
-
Tiesiskās aizsardzības process
-
Sanācija juridiskās personas maksātnespējas procesā
-
Izlīgums juridiskās personas maksātnespējas procesā
-
Izlīgums fiziskās personas maksātnespējas procesā
-
Bankrota procedūra juridiskās personas maksātnespējas procesā
-
Bankrota procedūra fiziskās personas maksātnespējas procesā’.
2.
In Annex B, the designations for the Republic of Latvia shall be replaced by the following:
‘LATVIJA
-
Bankrota procedūra juridiskās personas maksātnespējas procesā
-
Bankrota procedūra fiziskās personas maksātnespējas procesā’.
Article 2
Annexes A and B as amended in accordance with Article 1 of this Regulation and Annex C to Regulation (EC) No 1346/2000 are hereby codified and replaced by the text set out in Annexes I, II and III to this Regulation.
Article 3
This Regulation shall enter into force on the day following its publication in the Official Journal of the European Union.
This Regulation shall be binding in its entirety and directly applicable in the Member States in accordance with the Treaty establishing the European Community.
Done at Brussels, 24 July 2008.