Through implementing the EU Restructuring Directive, German restructuring and insolvency law will be modernized, more effective, and enriched by new instruments.
On 17 December 2020, the German Bundestag passed the Act on...more
Government draft of law implements EU Restructuring Framework, and introduces new restructuring instruments.
On 14 October 2020, the German Federal Government published a government draft of the Act on the Further...more
Regierungsentwurf setzt EU Restrukturierungs-Richtlinie um und führt neues Sanierungsinstrumentarium ein.
Die Bundesregierung hat am 14. Oktober 2020 den Regierungsentwurf eines Gesetzes zur Fortentwicklung des Sanierungs-...more
The Federal Ministry of Justice and Consumer Protection (BMJV) now implements, with great commitment and unprecedented speed, what it has generally announced on 16 March 2020:
..The suspension of the obligation to file for...more
German legislator introduces tax exemption for income resulting from debt waivers in restructuring scenarios with retroactive effect.
On 23 November 2018, the German legislator approved legislation regarding tax exemption...more
To date, a debt waiver has been frequently used as a tool to successfully restructure German-based companies in financial difficulties.
A decision of the German Federal Fiscal Court (Bundesfinanzhof) published on...more