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Home Private International Law Insolvency Regulation (recast)

Chapter I · GENERAL PROVISIONS › Article 16

Detrimental acts

Point (m) of Article 7(2) shall not apply where the person who benefited from an act detrimental to all the creditors provides proof that:

(a)

the act is subject to the law of a Member State other than that of the State of the opening of proceedings; and

(b)

the law of that Member State does not allow any means of challenging that act in the relevant case.

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