Editorial: All change The panic of 2008 and may be well behind us, but the restructuring and insolvency lawyers are still dealing with the fallout from the crisis
A lack of jurisdiction Alberto Núñez-Lagos Burguera and Teresa Camacho Artacho of Insol Europe explain how a recent Spanish court decision rebuts the presumption of the existence of an establishment
Respect & recognition Harmonising global insolvency regulation is a challenging task, but Insol International president Gordon Stewart is optimistic about the prospects for more coherence in the sector. By Phil Taylor
Bondholders’ burden Bail-ins are a controversial part of many bank resolution provisions. But they can serve a purpose in emergencies. By Phil Taylor
A comprehensive framework Alric Ofenheimer and Marcus Benes of Eisenberger & Herzog detail the insolvency mechanisms available in Austria
Prevention and reorganisation Guillermo Sánchez Sava and Gustavo Badilla Araya of Central Law explains Costa Rica’s provisions for prevention and reorganisation proceedings
Privilege in bankruptcy Mika Salonen and Kaisa Voutilainen of Borenius Attorneys at law discuss the overlap between legal privilege and powers of bankruptcy administration in Finland
Eircom highlights euro break-up clause tension The failure of Eircom's restructuring plan has highlighted tensions around the inclusion of eurozone break-up clauses in corporate contracts
Why German restructuring reform must be bolder Countdown has begun to the biggest overhaul of Germany's insolvency legislation, but lawyers predict more amendments are needed if the proposed reforms are to be effective
Greater attraction Richard Buttigieg, Gemma Arias and Michael Castiel of Hassans explain how a new statutory regime under Gibraltar law will affect companies and their creditors
A new way out Nicholas Papapolitis of Papapolitis & Papapolitis provides a critical review of the new procedures of the Greek Bankruptcy Code
The right remedy Arthur Galea Salomone and Tiziana Filletti of Galea Salomone & Associates describe Malta’s procedures for dealing with companies in financial distress
An updated toolkit Juan Ferré and Stefanie Endres of Pluta Abogados provide an overview of important amendments to the Spanish Insolvency Law
A balancing act Alexander Vogel, Daniel Schoch and Debora Kern of meyerlustenberger discuss the range of liabilities on de facto directors and officers under Swiss law
Lessons from Southern Cross restructuring Restructuring solutions are becoming more complex, more expensive and taking longer to implement, according to Clifford Chance's restructuring team
Get your priorities straight Jeffrey D Saferstein and Samuel E Lovett of Paul Weiss Rifkind Wharton & Garrison answer some key questions for creditors involved in a Chapter 11 case
Hurdles to clear Thomas Felsberg of Felsberg & Associados looks at the legal and cultural changes which create obstacles to corporate restructuring in Brazil
