Firms Publications

German Federal Fiscal Court Impedes Restructurings

Thu, 02/09/2017 - 08:30

In its ruling dated 28 November 2016 (GrS 1/15) which was published yesterday, the German Federal Fiscal Court (Bundesfinanzhof) through its Great Senate declared the so-called Restructuring Decree (Sanierungserlass) unlawful.  The decision affects ongoing restructurings involving a waiver of creditors' claims (a haircut).  It may also affect restructurings which have already been concluded but have not yet been finally assessed in terms of tax.

Categories: Insolvency News

Bundesfinanzhof erschwert Unternehmenssanierungen

Thu, 02/09/2017 - 07:32

Der Große Senat des BFH hat in seinem gestern veröffentlichten Beschluss vom 28.11.2016 (GrS 1/15) den sog. Sanierungserlass für rechtswidrig erklärt. Die Entscheidung hat Auswirkungen für laufende Sanierungsverfahren, bei denen ein Forderungsverzicht der Gläubiger (sog. Haircut) erklärt werden soll. Ebenso kann sie bereits abgeschlossene Sanierungsverfahren betreffen, die steuerlich noch nicht abschließend geprüft sind.

Categories: Insolvency News

England & Wales: The position of directors of companies in financial difficulty

Wed, 02/01/2017 - 08:07

England & Wales: The position of directors of companies in financial difficulty

Categories: Insolvency News

Be careful what you wish for... Restructuring and insolvency in 2017

Thu, 01/26/2017 - 07:04

Our partners from across the global network share their views on what to look out for in 2017

Categories: Insolvency News

A&O Partners with U.S. Chamber of Commerce on Brexit Seminars for U.S. Companies

Wed, 12/14/2016 - 11:34

Allen & Overy’s Washington, DC office partnered with the U.S. Chamber of Commerce, the world’s largest business lobbying group, to present a series of seminars for U.S. companies on the potential implications arising from Brexit.

Categories: Insolvency News

A&O Partners with U.S. Chamber of Commerce on Brexit Seminars for U.S. Companies

Wed, 12/14/2016 - 11:34

Allen & Overy’s Washington, DC office partnered with the U.S. Chamber of Commerce, the world’s largest business lobbying group, to present a series of seminars for U.S. companies on the potential implications arising from Brexit.

Categories: Insolvency News