On 11 January 2019, the Council of Ministers approved the text of the legislative decree containing the new code of corporate distress and insolvency (the “Insolvency Code”). The new code was adopted to implement Law 155 of...more
The avalanche of bad loans that has hit Italy in recent years has drawn attention on the inefficiency of the judicial debt collection system, one of the leading causes of the banking crisis and the low prices that the banks...more
11/22/2017
/ Banking Sector ,
Banks ,
Best Practices ,
Debt Collection ,
Enforcement Actions ,
EU ,
Financial Crisis ,
Italy ,
Mortgages ,
Non-Performing Loans (NPL) ,
Real Estate Market ,
Regulatory Oversight
For those focused on the debt restructuring market, the Greek sovereign crisis (covered extensively in our recent updates) has drowned out news of other debt restructuring matters this year. Our Alert below addresses key...more
7/24/2015
/ Australia ,
Banks ,
China ,
Debt Market ,
Distressed Debt ,
Emerging Markets ,
EU ,
European Central Bank ,
Federal Reserve ,
Greece ,
Loans ,
Restructuring ,
Russia ,
South Africa ,
Ukraine
First Circuit Rules Bankruptcy Code Preempts Puerto Rico's Recovery Act -
On Monday, July 6, the Court of Appeals for the First Circuit affirmed the February 6, 2015 order and injunction of the Puerto Rico District...more
7/23/2015
/ Attorney's Fees ,
Bankruptcy Code ,
Bonds ,
Capital Controls ,
Distressed Debt ,
Emerging Markets ,
EU ,
Eurozone ,
Greece ,
Insolvency ,
Municipal Bankruptcy ,
Oil & Gas ,
Preemption ,
Puerto Rico ,
Reclamation ,
Restructuring ,
SCOTUS
Update on Case Law Developments in English Restructuring
This client alert will focus on three of the key recent cases of the past six months, each of which features the use of English law restructuring tools for...more