IFLR Special Focus
Local currency depreciation and the sovereign debt crisis have made investors hesitant but private equity is a bright spot
Local restructuring law harmonisation aims to make the EU more competitive with the UK but implementation is proving difficult
IFLR has partnered with investment leaders to explore the landscape of foreign direct investment (FDI) at a time when the global economic landscape is recovering from COVID-19 and struggling with rocketing gas prices and supply chain issues
IFLR has partnered with leaders in the legal and cryptocurrency spaces to explore the legal and regulatory implications of the growing popularity of digital currencies from South Korea to Ghana
IFLR has partnered with thought leaders from across the legal world to discuss subjects ranging from mandatory disclosure rules to IPOs, in jurisdictions from China to Luxembourg
IFLR’s correspondents from across the African continent discuss topics including the intersection of finance and digitalisation, attracting foreign investment, and legal certainty in deals including M&A, in this latest Special Focus
As the global economy recovers from the shock of Covid-19, it faces further shocks from the Russia-Ukraine war and high inflation. IFLR’s leading correspondents report on the international restructuring and insolvency landscape
As technologies including NFTs, DLT, and blockchain grow in popularity, Asia’s lawmakers are considering how to manage risks and create a stable regulatory environment, as IFLR’s correspondents report.
Sponsored
Sponsored
-
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.
-
Sponsored by Meyerlustenberger Lachenalwww.mll-legal.com
