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Administration appointment valid notwithstanding crystallisation of prior-ranking floating charge

In a decision that will be welcomed both by second-ranking secured creditors and by administrators, the Court of Appeal recently held that a second-ranking floating charge (SRFC) was still capable of being a qualifying...more

Hogan Lovells advises the Single Resolution Board on Banca Popolare di Vicenza S.p.A. and Veneto Banca S.p.A.

We have advised the Single Resolution Board, the banking resolution authority of the Eurozone, with respect to the two Italian banks Banca Popolare di Vicenza S.p.A. and Veneto Banca S.p.A. ...more

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