From Whipped Cream to Multibillion Euro Financial Collapse: The European Regulation on Transnational Insolvency in Action

Abstract

I. IN TRODUCTION ..................................................................................... 352 II. THE EUROFOOD CONTROVERSY ........................................................... 355 III. THE EUROPEAN REGULATION ON TRANSNATIONAL INSOLVENCY ........ 357 A. The Problem of Transnational Insolvency ................................... 357 B. A Focus on the European Regulation ........................................... 360 IV. EUROFOOD AND THE EUROPEAN COURT OF JUSTICE ............................ 363 V . CONSTRUCTIVE CRITICISM ................................................................... 366 A. Right Question, Wrong Answer? ................................................. 366 B. Is the EC Regulation Actually Working? ..................................... 367