Resumen de Brexit blurs EU insolvency picture.
The article examines the possible effect/s of the move by Great Britain to exit as member of the European Union (EU) or Brexit on the EU's insolvency law as of mid-September 2016. According to law firm Orrick Herrington & Sutcliffe's Stephen Phillips, the use of the English proceedings by European firms will decline due to Brexit. Also cited are the European Insolvency Regulation (EIR), and the comment by law firm Skadden's Chris Mallon on the developments.
