Henning Bloss

Draft Law for a New German Restructuring Framework

By Henning Bloss and Jörn Hirschmann on October 30, 2020 Posted in COVID-19, EU Law and Regulatory

So far, restructurings in Germany have been implemented either by way of consensual pre-insolvency solutions or formal and comprehensive insolvency proceedings with court oversight. The EU Restructuring Directive (EU) 2019/1023 of 20 June 2019 paved the way for the implementation of pre-insolvency restructuring proceedings in all EU member states that allow debtors to restructure effectively at an early … Continue Reading