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Europe
Financial Restructuring
Guernsey
Carey Olsen
With the States of Guernsey's approval yesterday of the Companies (Guernsey) Law, 2008 (Insolvency) (Amendment) Ordinance, 2020 (the "Ordinance")
Italy
Jones Day
Italy recently enacted a new insolvency code (the "New Insolvency Code"), which takes effect August 14, 2020.
Dentons
The Italian Tax Revenue Agency has recently refocused on several aspects of the tax debt restructuring process, including amending, in some cases, what was stated in Circular no. 16 of July 23, 2018.
Jersey
Appleby
Once upon a time the high street was packed with household names. High footfall, consumer confidence and disposable income all made for fairy-tale returns for retailers and landlords alike.
Luxembourg
NautaDutilh Avocats Luxembourg
Discover our brochure "Insolvency in Luxembourg" for an overview of options available to companies in financial distress in Luxembourg.
Netherlands
Jones Day
The Netherlands is planning to adopt new restructuring legislation, allowing for court confirmation of extrajudicial restructuring plans (Wet Homologatie Onderhands Akkoord, or WHOA).
Turkey
ELIG Gürkaynak Attorneys-at-Law
Contrary to the Regulation, the Provisional Article has provided further options for restructuring measures that may be applied to the Debtor.
Esin Attorney Partnership
In the last two decades, Turkish economic growth was supported by credit, especially foreign currency denominated funding. As of July 2019, total FX debt (long term and short term) owed...
Esin Attorney Partnership
Esin Attorney Partnership and Baker McKenzie cordially presents the updated report on "Points of Comparison of Formal Restructuring Processes in US, UK and Turkey".
Erdem & Erdem Law
Determination of the scope of restructuring under the Regulation has significance, particularly as to the determination concerning embezzlement, to be explained below, as well as tax exemptions and incentives.
Esin Attorney Partnership
Bu sayede, Önceki Çerçeve Anlaşma'dan farklı olarak finansal borç tutarı fark etmeksizin tüm borçlular yeniden yapılandırma çerçeve anlaşmalarından faydalanabilecek.
Esin Attorney Partnership
All the Large Scale Debtors, except those declared bankrupt, will be able to benefit from the financial restructuring framework.
UK
Hogan Lovells
The Pension Schemes Bill [HL] 2019-20 (Bill) was re-introduced before Parliament on 7 January 2020. Among its proposed amendments to the Pensions Act 2004...
Duff and Phelps
This ranking has allowed lenders to businesses, in particular asset-based lenders (ABLs), to rely more readily on floating charge assets for security.
Duff and Phelps
As you will have read in the introductory piece from David Whitehouse, our international reach continues apace.
Milbank LLP
Financial Restructuring partner Sinjini Saha will speak on a debate panel titled "Should the UK Insolvency System Become More Aligned to the System in Place in the US?"
Milbank LLP
Financial Restructuring partner Karen McMaster will speak on a panel titled "Increasing Leverage: Covenant-lite Situations and Loopholes in Documentation" at the at GRR Live
Edwin Coe LLP
As the Official Receiver and the Special Managers appointed to the failed giant of the travel industry dig into their task, our Restructuring and Insolvency partner Simeon Gilchrist takes a few...
Worldwide
Kirkland & Ellis International LLP
The English court has held that solvent proceedings cannot be recognised under the Cross-Border Insolvency Regulations 2006 ("CBIR")
Hogan Lovells
On 25 September 2019, the Ukrainian Parliament brought into force law No. 112-IX (the "Law"). The purpose of the Law is to correct deficiencies in existing legislation and further promote
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