Insights & News
© 2016 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 Providence Service Corporation in Strategic Partnership with Frazier Healthcare Partners in Matrix Medical Network
Debevoise Advises Morgan Stanley Global Private Equity in Investment in Pathway Partners
CFTC Proposes Amendments on Registration Relief for Foreign CPOs, CTAs and IBs
Final SEC Rules on Business Conduct Standards for Security-Based Swap Dealers and Major Security-Based Swap Participants