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New German restructuring law finally comes into force

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

Restructuring in the time of Corona: "German Chapter 11" – Restructuring under Plan Proceedings

The huge economic impact of the worldwide COVID-19 pandemic has long since reached the German economy. For many industries, the business climate has deteriorated massively. Stores remain closed, supply chains are affected,...more

Extraordinary profits created under restructurings according to German law – to be exempt or not to be exempt, that is the...

Recently the German legislature passed a new law, exempting extraordinary profits created by the waiver of claims under restructurings from income tax liability. ...more

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