In this final thesis, I tackled the question of European cross-border insolvency and the evolution of regulations in the field. Besides defining basic legal, theoretical concepts, such as insolvency, bankruptcy, forum shopping and restructuring, I also addressed the more practical aspects of the subject, such as case law, exemplified by various case studies. By analyzing the evolution of European insolvency legislation, I also interpreted the underlying intention of the legislators, which is to prevent liquidation, whenever possible, in favor of restructuring, thus creating a catalyst to promote and encourage economic growth.