Jcoere Project

the jcoere project (judicial co-operation supporting economic recovery in europe), (project number 800807) funded by the eu justice programme (2014-2020), will identify obstacles to judicial co-operation presented by both existing domestic restructuring frameworks and the implementation of the directive. jcoere is focused on the strengthened co-operation and communication obligations imposed on the courts in the recast insolvency regulation, specifically in the context of preventive restructuring processes. the project explores substantive and procedural rules arising in the context of preventive restructuring, which we consider may present obstacles to co-operation. it focuses on specific substantive rules arising in a typical restructuring process, such as the commencement of secondary proceedings to protect a creditor’s interests in the face of the ‘cram-down’ provisions. the question of whether it is reasonable for a court in the second state to decline jurisdiction becomes more