The majority of all 2023 EMEA restructurings involving an equitisation and/or a maturity extension required the provision of new money. While equitisation can solve for an over-leveraged capital structure, and maturity...more
9/11/2024
/ Capital Structures ,
Compensation ,
Creditors ,
EMEA ,
Fees ,
Incentives ,
Liquidity ,
Negotiations ,
Restructuring ,
UK ,
Underwriting
In one of the most highly anticipated judgments in the European restructuring market in recent years, on 23 January 2024, the English Court of Appeal overturned the High Court’s decision sanctioning the Adler restructuring...more
2/23/2024
/ Appeals ,
Commercial Bankruptcy ,
Corporate Restructuring ,
Creditors ,
Cross-Border ,
Debtors ,
EU ,
Germany ,
Insolvency ,
UK ,
Winding Down
In this edition of Restructuring Watch, we reflect on the first court decision on the moratorium procedure, some recent schemes and restructuring plans, the lifting of the remaining pandemic-related restrictions for...more