RT Journal Article SR Electronic T1 European Restructuring JF The Journal of Private Equity FD Institutional Investor Journals SP 99 OP 103 DO 10.3905/jpe.2005.490427 VO 8 IS 2 A1 Alan Tilley YR 2005 UL https://pm-research.com/content/8/2/99.abstract 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.