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What Is the Latest News on France's Restructuring and Insolvency Law Reforms? | Latham & Watkins LLP

What Is the Latest News on France's Restructuring and Insolvency Law Reforms? | Latham & Watkins LLP
jdsupra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from jdsupra.com Daily Mail and Mail on Sunday newspapers.

Restructuring Directive , மறுசீரமைப்பு உத்தரவு ,

Restructuring & Insolvency - Insolvency/Bankruptcy/Re-structuring

For immovable property, mortgages are generally the most common form of security in Luxembourg. For a contractual mortgage to be validly constituted. ....

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Recognition Of UK Insolvency Proceedings In Malta Post-Brexit - Insolvency/Bankruptcy/Re-structuring

Prior to 1
st January, 2021, the cross-border
recognition and enforcement of insolvency proceedings and
judgements between the European Union
(
EU ) and the United Kingdom
(
UK ) was largely consolidated within
the framework of the European Insolvency (Recast) Regulation (the

EIR ) which generally attributed
automatic recognition to such proceedings and/or judgements.
Following the end of the Brexit transitional period on the
31
st December 2020, the EIR no longer applies to
the UK. Consequently, insolvency proceedings opened in the UK after
31
st December 2020 will not benefit from automatic
recognition.
The EIR applies a set of common rules in determining the
jurisdiction to open insolvency proceedings. Article 19 of the EIR ....

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German Bundestag Passes Comprehensive Reform in Restructuring and Insolvency Law | Latham & Watkins LLP

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Through implementing the EU Restructuring Directive, German restructuring and insolvency law will be modernized, more effective, and enriched by new instruments.
On 17 December 2020, the German Bundestag passed the Act on the Further Development of the Restructuring and Insolvency Law (SanInsFoG). The SanInsFoG specifically provides for the implementation of Directive (EU) 2019/1023 on Preventive Restructuring Frameworks (Restructuring Directive) into German law. In addition to the adoption of a Law on the Stabilization and Restructuring Framework for Enterprises (StaRUG), which serves to implement the Restructuring Directive, the Act contains several other reforms of German insolvency and restructuring law. In particular, the Insolvency Code shall be adjusted in those areas where the Federal Government saw need for improvement following the evaluation of the Law to Further Facilitate the Restructuring of Enterpr ....

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