In light of the COVID-19 crisis, a Grand Ducal Regulation was published on 25 March 2020 (the Regulation)[1] that suspends certain procedural deadlines applicable in civil and commercial matters during the Luxembourg state of crisis. The Ministry of Justice has clarified that this suspension also relates to insolvency matters.
The British Bankers’ Association has released the following statement on bank restructuring:
United Kingdom, Banking, Insolvency & Restructuring, Norton Rose Fulbright, State aid, Competitiveness