News & Analysis as of

Recapitalization Coronavirus/COVID-19

White & Case LLP

Liability management opportunities for mining & metals companies during a downturn

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Mining & metals companies can take advantage of low prices in the leveraged finance markets to manage their liabilities amid the expected recession. The current economic environment creates opportunities for the mining &...more

Latham & Watkins LLP

Aumenti di capitale e altre misure societarie nel Decreto Semplificazioni

Latham & Watkins LLP on

Il Decreto Legge 16 luglio 2020 n. 76 (c.d. Decreto Semplificazioni) ha cercato di concretizzare i precedenti sforzi del governo italiano di supportare le operazioni di ricapitalizzazione delle società di capitali italiane...more

Latham & Watkins LLP

Italy’s Simplification Decree Introduces Measures to Facilitate Company Recapitalization

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The provisions aim to help Italian companies overcome a lack of liquidity caused by the COVID-19 pandemic. Facilitation of capital increases - Law Decree no. 76 of 16 July 2020 (the Simplification Decree), converted...more

Latham & Watkins LLP

EU State Aid Temporary Framework for COVID-19 - Fourth Amendment

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The fourth amendment extends and modifies the framework to support companies affected by COVID-19. On 13 October 2020, the European Commission (Commission) published a fourth amendment to the Temporary Framework for State...more

Hogan Lovells

State aid rules applicable to COVID-19 recapitalizations

Hogan Lovells on

The first State aid measures authorized by the European Commission (Commission) following the COVID-19 outbreak were aimed at helping companies to cover their immediate liquidity needs, mainly through bank loans guaranteed by...more

Morgan Lewis

European Commission to Allow State Recapitalization of Firms Hit by COVID-19

Morgan Lewis on

The European Commission has revised its Temporary Framework for State Aid to support the economy during the coronavirus (COVID-19) pandemic to allow capital injections by EU member states into nonfinancial firms affected by...more

White & Case LLP

European Commission extends its COVID-19 State aid rules to recapitalisation and subordinated debt measures

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In anticipation of the wave of requests from stricken companies due to the COVID-19 outbreak for more long-term State support, on 8 May, the Commission extended the scope of its State aid Temporary Framework to allow Member...more

Akin Gump Strauss Hauer & Feld LLP

Hotly Anticipated Extension of EU State Aid Framework to Recapitalizations and Subordinated Debt

- EC extends the Temporary State Aid Framework to allow member states to provide recapitalizations to companies adversely affected by the COVID-19 crisis, including airlines, retailers and firms active in hospitality, leisure...more

Skadden, Arps, Slate, Meagher & Flom LLP

Considerations for Commercial Mortgage REITs in a Market Driven by COVID-19

Decisions by state and local governments in the U.S. to control the spread of the COVID-19 virus through shelter-in-place orders and business closures have resulted in both a sharp increase in unemployment and a sharp...more

McDermott Will & Emery

COVID-19 – Der Wirtschaftsstabilisierungsfonds (WSF)

WAS IST AUFGABE DES WSF? Mit dem Wirtschaftsstabilisierungsfondsgesetzes (WStFG) wird der WSF als Ergänzung zu den Hilfen im Rahmen von Darlehen, die über die KfW-Sonderprogramme beansprucht werden können, ins Leben...more

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