Insights & News
© 2017 Debevoise & Plimpton LLP
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
Debevoise Advises Metric Capital Partners in its Subscription Line Facility with Citibank
Debevoise Advises Sawai Pharmaceutical in Its $1.05 Billion Acquisition of the Generics Business of Upsher-Smith Laboratories
Debevoise Advises Clayton, Dubilier & Rice in the Acquisition of Carestream Dental
Debevoise Advises Nornickel on $1 Billion Eurobond Offering
Debevoise Women's Review