In response to the economic effects of the COVID-19 pandemic and market uncertainty, plethora of financing measures was introduced at EU level, German federal level and German state’s level. In their joint effect, these...more
As reported earlier, a new corporate restructuring law will be enacted in Germany. The new law's centerpiece will be the so-called stabilization and restructuring framework ("SRF")....more
Wie bereits berichtet erhält Deutschland ein neues Restrukturierungsrecht für Unternehmen, dessen Herzstück der sogenannte Stabilisierungs- und Restrukturierungsrahmen („SRR“) ist. Der Bundestag hat das entsprechende Gesetz...more
In response to the economic effects of the COVID-19 pandemic and market uncertainty, plethora of financing measures was introduced at EU level and German federal level. In their joint effect, these measures are aimed at...more
12/18/2020
/ Coronavirus/COVID-19 ,
EU ,
Federal Funding ,
Financial Distress ,
Financing ,
Freelance Workers ,
Germany ,
Liquidity ,
Relief Measures ,
Small and Medium-Sized Enterprises (SMEs) ,
Special Purpose Vehicles
Germany's new restructuring regime is expected to come into force 0n 1 January 2021. At the heart of the new regulation is the introduction of a so-called stabilization and restructuring framework (“SRF”) for companies....more
Deutschland erhält ein neues Restrukturierungsrecht, und zwar voraussichtlich ab 1. Januar 2021. Herzstück der im aktuellen Gesetzesentwurf vorgesehenen Neuregelungen ist die Schaffung des sogenannten Stabilisierungs- und...more
In response to the economic effects of the COVID-19 pandemic and market uncertainty, plethora of financing measures was introduced at EU level, German federal level and German states levels. In their joint effect, these...more
The Preventive Restructuring Frameworks Directive (EU) 2019/1023 is finally in force. Following its implementation into EU member states’ national law, the directive will hopefully prove an effective tool for Europe’s...more
8/25/2019
/ Commercial Bankruptcy ,
Creditors ,
Debt Restructuring ,
Debtors ,
Economic Downturn ,
EU ,
EU Directive ,
Framework Agreement ,
Insolvency ,
Loans ,
Recessions ,
UK Brexit
Recently the German legislature passed a new law, exempting extraordinary profits created by the waiver of claims under restructurings from income tax liability. ...more
11/27/2018
/ Business Profits ,
EU ,
Exemptions ,
Germany ,
Income Taxes ,
Insolvency ,
New Legislation ,
Regulatory Standards ,
Restructuring ,
State Aid ,
Tax Liability