Friday, December 18, 2020
Restructurings are ideally carried out early, quietly and quickly. Efficient tools for out-of-court restructurings play a decisive role in value preserving restructurings.
The Coronavirus (COVID-19) pandemic has had a huge impact on the global economy and most businesses. Thousands of companies currently have urgent restructuring needs and every jurisdiction has responded differently. The following is a brief overview of some of the key tools available in the European Union, Germany, and the United States. More details and guidance can be found in our full special report, Out-of-Court Restructuring Alternatives in the European Union, Germany and the United States.
EUROPEAN UNION
On 26 June 2019, the European Un…
Read the full article at: https://www.natlawreview.com/article/out-court-restructuring-alternatives-european-union-germany-and-united-states