You know, there’s never a dull moment when one reports on the regulatory states’ endless and so often fruitless and wrong-headed tinkering with the global economy. So now… let’s talk bail-in.
European Union, Banking, Insolvency & Restructuring, Dechert LLP, Bailout, Line of credit, European Economic Area
It’s been quite a week for important cases on TUPE and its operation in relation to administrations. The Court of Appeal has delivered two judgments which are of considerable importance for those contemplating and structuring transactions out of administration.
The key points to note are that:
United Kingdom, Employment & Labor, Insolvency & Restructuring, Litigation, Dechert LLP, Transfer of Undertakings (Protection of Employment) Regulations 2006 (UK), Court of Appeal of England & Wales