- The only insolvency proceedings in which an EU trade mark may be involved are those
opened in the Member State in the territory of which the debtor has his centre of main
However, where the debtor is an insurance undertaking or a credit institution as defined in
Directive 2009/138/EC of the European Parliament and of the Council and
Directive 2001/24/EC of the European Parliament and of the Council, respectively, the
only insolvency proceedings in which an EU trade mark may be involved are those opened
in the Member State where that undertaking or institution has been authorised.
- In the case of joint proprietorship of an EU trade mark, paragraph 1 shall apply to the share
of the joint proprietor.
- Where an EU trade mark is involved in insolvency proceedings, on request of the
competent national authority an entry to this effect shall be made in the Register and
published in the European Union Trade Marks Bulletin referred to in Article 116.