PT - JOURNAL ARTICLE AU - Alan Tilley TI - European Restructuring AID - 10.3905/jpe.2005.490427 DP - 2005 Feb 28 TA - The Journal of Private Equity PG - 99--103 VI - 8 IP - 2 4099 - https://pm-research.com/content/8/2/99.short 4100 - https://pm-research.com/content/8/2/99.full AB - European insolvency legislation is changing. The EU has introduced a regulation defining primary jurisdiction in EU cross-border restructuring. U.S. capital and professionals are influencing European restructuring and U.S. turnaround firms have crossed the Atlantic. So is the Europe Union adopting U.S. process across its 25-member states? While the words may be familiar, there are elephant traps for the unwary! Europe is neither a level playing field nor a uniform one.