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Turkey's planned alcohol deposit 'another nail in the coffin', small producers say - Vimarsana News

Turkey's planned alcohol deposit 'another nail in the coffin', small producers say

It took 15 years for Mustafa Camlica to earn international recognition for his wines, but he and many other small and medium sized Turkish producers fear a planned new financial burden could destroy livelihoods in a sector already facing daunting hurdles. Under the rule of President Tayyip Erdogan's Islamist-rooted AK Party for 21 years, alcoholic drinks makers in Turkey have faced an increasingly onerous tax burden and other restrictions, leaving the multi-billion dollar market stagnant. Now small winemakers and breweries fear a planned financial collateral requirement will make it eve...

Source: yahoo.com
Luxembourg - The Financial Collateral Law Trumps The Restructuring Law. - Vimarsana News

Luxembourg - The Financial Collateral Law Trumps The Restructuring Law.

Luxembourg - The Financial Collateral Law Trumps The Restructuring Law. Legal News and Analysis - Luxembourg - Insolvency & Restructuring -

Prodea Real Estate Investment Societe Anonyme : Investments - Announcement of Resolutions of the Reiterative Meeting of Bondholders on 27.12.2023 -December 27, 2023 at 10:56 am EST - Vimarsana News

Prodea Real Estate Investment Societe Anonyme : Investments - Announcement of Resolutions of the Reiterative Meeting of Bondholders on 27.12.2023 -December 27, 2023 at 10:56 am EST

ANNOUNCEMENT Resolutions of the Reiterative Meeting of Bondholders of the €300,000,000 common bond loan of Prodea...

Luxembourg Reform of Restructuring Procedures | White & Case LLP - Vimarsana News

Luxembourg Reform of Restructuring Procedures | White & Case LLP

On 1st November 2023, the new Luxembourg law of 7 August 2023 on the continuation of businesses and modernisation of insolvency law (the "Law") enters into force. This...

Blockchain III Law: Luxembourg implements the EU DLT Pilot Regime and recognizes the use of DLT for financial collateral arrangements | Dechert LLP - Vimarsana News

Blockchain III Law: Luxembourg implements the EU DLT Pilot Regime and recognizes the use of DLT for financial collateral arrangements | Dechert LLP

On 9 March 2023, the Luxembourg Parliament adopted the Blockchain III Law. The Blockchain III Law – which was published on 17 March 2023 – amends, amongst others, the Financial Sector...