Hamburg European Insolvency Lawyer

European law is a fundamental component of international business law as it applies in Germany, with notable impact on areas such as insolvency law. A significant number of national legal provisions are based on European directives, reflecting the harmonizing influence of the European Union’s legislative framework. The interpretation of European law requires specific techniques that account for the equal authority of legal texts in all official EU languages, the objectives of the European internal market—interpreted through the principle of effet utile to ensure the effectiveness of Union law—the growing coherence of European legislative instruments, and the binding case law developed by the Court of Justice of the European Union (CJEU). In the context of insolvency law, where cross-border coordination and legal certainty are essential, these interpretive principles play a crucial role in ensuring uniform application and the smooth functioning of the internal market.