Insights & News
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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
CFTC Adopts Amendments Regarding CPO Reports
Prudential Regulation in an Age of Protectionism
Recent Notable CFTC and SEC Actions Relating to Swaps and Security-Based Swaps
A Cybersecurity Fine From FINRA