El pasado 28 de febrero la Comisión Europea publicó el Borrador de Acuerdo sobre la retirada del Reino Unido de la Unión Europea (“UE”).
On February 28 last the European Commission published the Draft Agreement on the withdrawal of the United Kingdom from the European Union (“EU”).
European Union, Spain, United Kingdom, Insolvency & Restructuring, Public, Garrigues, Brexit, European Commission
The reform of claw-back rights in German insolvency proceedings which provides for more legal certainty for creditors has become effective on 5 April 2017.
To date, a debt waiver has been frequently used as a tool to successfully restructure German-based companies in financial difficulties.
German Federal Court of Justice decision paves the way for bond restructurings under 2009 Bonds Act.
Germany, Capital Markets, Insolvency & Restructuring, Litigation, Latham & Watkins LLP, Bond (finance)