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Restructuring Tools For Companies In Economic Crisis - Corporate/Commercial Law

To print this article, all you need is to be registered or login on Mondaq.com. Austrian tax law provides various reorganisation tools for companies in an economic crisis. Among others, these include shareholder contribution (in the broad sense), debt/equity swap, debt waiver, assumption of debt, letter of comfort, participation right, capital decrease, surety/guarantee, assumption of performance, silent partnership, debt mezzanine swap and restructuring trust.  Particularly in these challenging times due to the global COVID-19 pandemic, companies should be aware of all available reorganisation tools. The following article provides an overview of some of them. Shareholder contribution (in the broad

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