On 27th March 2025, the Court of Justice of the European Union (“CJEU”) delivered a ruling in the case Matthäus Metzler, acting as insolvency practitioner in insolvency proceedings vs. Auto1 European Cars BV (Case C‑186/24) concerning the interpretation of Article 31(1) of Regulation (EU) 2015/848 of the European Parliament and of the Council of 20 May 2015 on insolvency proceedings (the “Insolvency Regulation”). The request was made in proceedings between Mr Matthäus Metzler (the “Plaintiff”), acting as insolvency practitioner in insolvency proceedings opened against a debtor, and Auto1 European Cars BV (the “Defendant”) concerning the payment to the insolvency estate of an amount corresponding to the market value of a vehicle sold by the debtor to the Defendant after the opening of the insolvency proceedings.
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