The English High Court has sanctioned a restructuring plan in respect of EUR 3.2 billion of bonds issued by the German real estate business, Adler Group. The main objective of the plan was to avoid Adler's imminent insolvency...more
All three institutions of the European Union have now approved the EU Preventive Restructuring Framework Directive. This is the EU's first attempt to "harmonise" insolvency laws across the Member States, that have disparate...more
1/28/2019
/ Creditors ,
Debt Restructuring ,
Debtors ,
Entrepreneurs ,
EU ,
EU Directive ,
European Commission ,
European Parliament ,
France ,
Germany ,
Harmonization Rules ,
Insolvency ,
Italy ,
Member State ,
New Legislation ,
Scheme of Arrangement ,
Spain ,
UK