The EU Parliament adopted the Directive on future "Preventative Restructuring Frameworks.

This creates the basis for a uniform legal framework for preventive restructuring within Europe. To date there has been a "patchwork" of regulations in the EU: in some cases there are no regulations at all, in others there are sophisticated procedures in place. The new directive now counteracts the dangers and risks of such regulatory differences.

Welche Stolpersteine drohen, wenn einige Arbeitnehmer noch nach der Betriebsstilllegung für Abwicklungsarbeiten benötigt werden, zeigt der Fall Air Berlin.

Als Air Berlin im November 2017 Insolvenz anmeldete, war das Schicksal der rund 6.000 Arbeitnehmer eine der in der Presse am meisten diskutierten Fragen. Bereits ein halbes Jahr später hatten etwa 3.000 von ihnen einen neuen Arbeitsplatz gefunden, die meisten bei anderen Fluggesellschaften. Hunderte andere wurden zunächst in Transfergesellschaften betreut.

Welle von Kündigungsschutzklagen

Using a traffic light approach, we consider the sorts of amendments which might impact on "day one" security.

WHEN MIGHT AMENDMENTS PRESENT A PROBLEM?

As Parliament debates the draft Withdrawal Agreement prior to the vote on 11 December, this week's Q&A looks beyond the headlines at the potential impact of the proposed Brexit deal on a number of specific topics, including what the Political Declaration tells us about the shape of the future EU/UK trade agreement:

Alternative Investment Funds

BAG befragt EuGH zur Haftungseinschränkung des Erwerbers im Bereich der betrieblichen Altersversorgung bei einem Betriebsübergang aus der Insolvenz.

2018 has seen a wave of company voluntary arrangements ("CVAs") hit the market, with high profile companies such as House of Fraser, Carpetright, New Look and Homebase (to name a few) all making use of this restructuring tool. This briefing note explains how a CVA works, provides an overview of current "market" themes, and makes some predictions on the future of CVAs.

EVOLUTION OF THE CVA

2018 has seen a wave of company voluntary arrangements ("CVAs") hit the market, with high profile companies such as House of Fraser, Carpetright, New Look and Homebase (to name a few) all making use of this restructuring tool. This briefing note explains how a CVA works, provides an overview of current "market" themes, and makes some predictions on the future of CVAs

EVOLUTION OF THE CVA

KEY POINTS Investors seek reliable information, legal certainty, predictability of outcome and the

opportunity to participate in a rescue and/or restructuring which will recover value. The Recast European Insolvency Regulation (the `Recast EIR') should, at least in part,

help investors meet those objectives. It is hoped that the Recast EIR will encourage greater investment (including distressed

KEY POINTS

The CE-File system made electronic working mandatory for insolvency proceedings in

London, with effect from 25 April 2017. Insolvency filings outside London can continue to be made on paper. Potential users should create a CE-File account and familiarise themselves with the

system as soon as possible. While the system will bring users increased flexibility, including the ability to make filings

Die neue Reform des Insolvenzanfechtungsrecht durch den Gesetzgeber löst einige Rechtsfragen des BAG und BGH zugunsten von Arbeitnehmern.