Article 31 - Insolvency proceedings
Print this page1. The only insolvency proceedings in which an EU design may be involved are those opened in the Member State within the territory of which the debtor has his centre of main interests.
2. For insurance undertakings as defined in Article 13, point (1), of Directive 2009/138/EC of the European Parliament and of the Council (*) and credit institutions as defined in Article 4(1), point (1), of Regulation (EU) No 575/2013 of the European Parliament and of the Council (**), the centre of main interests referred to in
paragraph 1 shall be the Member State where the undertaking or institution has been authorised.
3. In the case of joint holdership of an EU design, paragraph 1 shall apply to the share of the joint holder.
4. Where an EU design is involved in insolvency proceedings, an entry to this effect shall, at the request of the competent national authority, be made in the Register and published.