2 . 4 . E U R O P E A N LAW O F D I S T R I B U T I ON

1 he second main objective underlying the rules of insolvency law is distribution. The

universal application of distributional rules of the lex fori concursus affecting (the relative

ranking of) pre-insolvency entitlements may result in obstacles to trade.1 1 5 If

so, they need to be justified by mandatory requirements of the public interest. Accordingly,

the question is whether the interests underlying distributional rules of insolvency

law may be qualified as mandatory requirements.