Firm
Lawyers welcome the European Commission revamp, saying the reforms bring long-needed clarity to sustainable finance
New hires were made across the banking and finance, and antitrust practices in Dubai and Washington DC
After more than 26 years at the firm, M&A partner Dominique Maes talks purpose, people and the art of closing deals
The new outfit, Ashurst Perkins Coie, will bring together around 3,000 lawyers across 23 countries
MEPs back lighter sustainability reporting and due diligence rules, with government talks due to start on Tuesday, November 18
Financial institutions are increasingly demanding that their legal advisers focus on speed, efficiency and value, according to lawyers and technology experts
New hires were made across corporate, finance and M&A practices in Washington DC, New York and the UK
The firm will establish its 48th global office in Azerbaijan’s capital in early 2026, as it continues its ‘growth trajectory’
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Sponsored by Meyerlustenberger LachenalA debtor in financial distress – either insolvent or with negative equity – can request a moratorium and initiate composition proceedings by submitting a provisional restructuring plan to the competent composition court. The latter will, upon a summary examination of its merits, grant a provisional moratorium if it comes to the conclusion that a composition plan may be achievable. It will reject the moratorium, if it finds that there are obvious indications that the plan will most likely fail. The moratorium is first granted on a provisional basis with a maximum duration of four months and is not published if the debtor so requests and the interests of the creditors and other third parties, if any, are sufficiently protected. The court can grant a final moratorium of four to six months (which needs to be published), provided it considers the chances of achieving a composition agreement are sufficiently realistic. If the restructuring during the (provisional) moratorium is successful and no composition agreement is necessary, the debtor can file for a suspension of the moratorium and thus no composition proceedings follow.
