# Regulation (EU) 2015/848 of the European Parliament and of the Council of 20 May 2015 on insolvency proceedings (recast), Article 2: Definitions

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

For the purposes of this Regulation:
(1)...
(1A)“Member State” means a state which is a member of the EU other than Denmark;
(2)‘collective investment undertakings’ means undertakings for collective investment in transferable securities (UCITS) as defined in Directive 2009/65/EC of the European Parliament and of the Council and alternative investment funds (AIFs) as defined in Directive 2011/61/EU of the European Parliament and of the Council;
(3)...
(4)‘insolvency proceedings’ means the proceedings listed in Article 1(1B) which there is jurisdiction to open under Article 1(1A) and includes interim proceedings;
(5)‘insolvency practitioner’ means any person or body whose function, including on an interim basis, is to:
(i)verify and admit claims submitted in insolvency proceedings;
(ii)represent the collective interest of the creditors;
(iii)administer, either in full or in part, assets of which the debtor has been divested;
(iv)liquidate the assets referred to in point (iii); or
(v)supervise the administration of the debtor's affairs.
The persons and bodies referred to in the first subparagraph are listed in Annex B;
(6)‘court’ means:
(i)...
(ii)... the judicial body or any other competent body ... empowered to open insolvency proceedings, to confirm such opening or to take decisions in the course of such proceedings;
(7)‘judgment opening insolvency proceedings’ includes:
(i)the decision of any court to open insolvency proceedings or to confirm the opening of such proceedings; and
(ii)the decision of a court to appoint an insolvency practitioner;
(8)‘the time of the opening of proceedings’ means the time at which the judgment opening insolvency proceedings becomes effective, regardless of whether the judgment is final or not;
(9)...
(10)‘establishment’ means any place of operations where a debtor carries out or has carried out in the 3-month period prior to the request to open ... insolvency proceedings a non-transitory economic activity with human means and assets;
(11)...
(12)...
(13)...
(14)...

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Source: https://www.legislation.gov.uk/eur/2015/848/article/2 (the official version)
Page: https://openlegislation.uk/eu-regulation-2015-848/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

