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Germany Amends Insolvency Regime
9 March 2012
Germany amended insolvency regime with effect as of March 1, 2012. A new preliminary creditors’ committee will allow creditors to influence appointment of insolvency administrators.
By utilizing an insolvency plan it is now possible to achieve a debt to equity swap without approval of existing shareholders which increases the flexibility for insolvency restructurings and gives investors more incentive to invest in the debt of stressed or distressed companies.
Philipp von Holst
Dr. Peter Wand
Regulation, Financing Markets and DebtFinancing
Secondaries, Fund Extensions and Restructurings
How are private equity structuring their origination models and debt packages in order to weather competitive market conditions?
Where are the growth opportunities for private equity in Europe?