ABSTRACT
This chapter presents the main conclusions and suggestions made after the analysis of the development and effectiveness of the EU cross-border insolvency law. It presents a critical approach towards the application of the rules of the EIR and the relevant case law of the CJEU. The legal rules of international insolvency cases in the EU and their application are prone to change; however, to decide what changes are needed, it is first necessary to understand the current corpus juris of this area of law. The presented conclusions should allow us to understand better not only how the EU cross-border insolvency law has developed, but also what might be the future perspectives of this area of law.
