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“FRM-Tage” (B2C) will continue in November

The coronavirus is currently paralysing public life comprehensively, making all event planning obsolete. The start of the 12th Receivables and Risk Management Days (B2C) in Berlin last Thursday was therefore also the only event in this series for the time being. The number of participants in the first event of the three-part series of events launched by Deutsche Kongress GmbH was therefore greatly reduced. Those who came nevertheless were at least able to get some valuable information, which might have gained a little more importance especially against the background of the crisis.

One of the particularly important presentations was that of attorney at law Carolin Jünemann, who informed the participants about the current status of the implementation of the EU restructuring directive and its effects on receivables management. At the latest when the crisis has been medically overcome, the planned pre-insolvency restructuring process will probably become the focus of interest in view of the equally dramatic economic effects.

Most of the changes that came into force in July of last year must in any case be implemented in national law within two years anyway, and in view of the circumstances will probably come much earlier. Carolin Jünemann’s presentation focused on the framework conditions that apply to this. In addition, she explained the content of the already available draft bill for the shortening of the residual debt discharge.

The subsequent dates of the series of events in Frankfurt and Munich, which were planned for 24 March and 21 April 2020, will probably be made up for in November 2020.