# Directive 2001/24/EC of the European Parliament and of the Council of 4 April 2001 on the reorganisation and winding up of credit institutions, Article 32: Lawsuits pending

Extent: E+W+S+N.I.

The effects of reorganisation measures or winding-up proceedings on a pending lawsuit concerning an asset or a right of which the credit institution has been divested shall be governed solely by the law of the Member State in which the lawsuit is pending.

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Source: https://www.legislation.gov.uk/eudr/2001/24/article/32 (the official version)
Page: https://openlegislation.uk/eu-directive-2001-24/article-32
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.