For the first time ever, a court in France has examined the compatibility of the statutory netting safe harbor with the French Constitution. The French High Court of Justice (Cour de cassation) addressed the preliminary...more
For the benefit of our clients and friends investing in European distressed opportunities, our European Network is sharing some current developments...more
General Administrative Act to Ensure Legal Certainty for Netting Agreements in the Scope of German Insolvency Law - As of June 9th 2016 BaFin issued a General Administrative Act to ensure legal certainty for netting...more