News & Analysis as of

Recapitalization Relief Measures

Latham & Watkins LLP

Italy’s Simplification Decree Introduces Measures to Facilitate Company Recapitalization

Latham & Watkins LLP on

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

Latham & Watkins LLP on

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

White & Case LLP

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

White & Case LLP on

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

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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