Insights & News
© 2014 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
Dr. Peter Wand
Breaking Ranks: Garlock Reaches Unprecedented Deal with Future Claims Representative on Value of Trust for Asbestos Claims
Debevoise Advises Footprint Power in Sale of Salem Harbor Energy Station Project to Highstar Fund IV and in $730 Million Construction Financing
Public-Private Partnerships 2015 – United States
Getting The Deal Through
Amendments To U.S. Bank Capital and Other Rules To Address the Global Implementation of Special Resolution Regimes For Banks