Mon 07/03/2023 06:00 AM
European debtors have been granted a greater ability to control restructurings over the last few years. Following the introduction of the cross-class cramdown mechanism in the U.K., Spain, Germany and the Netherlands, France – previously considered a “debtor friendly” jurisdiction – is aligning with its neighbors. However, a wide range of French processes have been tested recently amid a busy period in the French market, with Orpea and Casino among prominent ongoing cases.
This installment of...
This article is an example of the content you may receive if you subscribe to a product of Reorg Research, Inc. or one of its affiliates (collectively, “Reorg”). The information contained herein should not be construed as legal, investment, accounting or other professional services advice on any subject. Reorg, its affiliates, officers, directors, partners and employees expressly disclaim all liability in respect to actions taken or not taken based on any or all the contents of this publication. Copyright © 2024 Reorg Research, Inc. All rights reserved.