This briefing covers Brexit implications of restructuring and insolvency, in particular it discusses the implications on the European Regulation on Insolvency Proceedings and recognition of insolvency judgments and how schemes of arrangement will be impacted by Brexit.
European Union, United Kingdom, Insolvency & Restructuring, Freshfields Bruckhaus Deringer, Brexit, UNCITRAL
Summary
Our experience working on restructurings across Europe and Asia has given us an appreciation for the value of preparedness. Businesses encountering financial difficulties — whether arising from turbulent financial markets, an unforeseen crisis, increasing or burdensome regulation or competitive pressure — often find their survival may depend on how well prepared they were for the unique pressures a restructuring event brings.
Israel, Insolvency & Restructuring, Freshfields Bruckhaus Deringer, Market liquidity, Leverage (finance)