Firm
Lawyers at firms IFLR spoke to note transactional work across the region is largely on track but it may slow down
Corporate M&A and PE lawyer Alexandra Wilde has been appointed as managing partner to ‘lead the next phase of growth across the US region’
Heidi Blomqvist joins Ashurst’s London office as partner as it boosts its private capital ,and energy and infrastructure offering
Maria Tan Pedersen, co-head of the firm’s emerging markets product line, discusses market trends and how gender diversity can help tip the balance in panel appointments
Perkins Coie, Jenner & Block, WilmerHale and Susman Godfrey remain entangled in legal challenges after the US Department of Justice reversed its position on appeals linked to executive orders issued by the president
Firms IFLR spoke to reported steady operations and unchanged client activity, with one firm noting that employees may work from home provided they follow company policies
New hires were made across the PE, M&A, real estate, antitrust, finance and capital markets practices in the UK and the US
Financial services partner William Garner discusses the work behind the innovative structure, regulatory collaboration and the firm’s first-mover advantage
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Sponsored by Skadden Arps Slate Meagher & Flomwww.skadden.com -
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.
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Sponsored by Slaughter and MayThe European Market Infrastructure Regulation is causing confusion around the question of which instruments and agreements the new framework is designed to capture
