Tag Archives: Restructuring

Secondary debt trading update: eligible transferees – what is a “financial institution”?

A functioning secondary debt market is an important element of the European restructuring landscape, giving sellers an option to get out of challenging capital and resource-sapping situations. Buyers of second debt are often able to buy in at a level which gives them the flexibility to sustain an impairment of the principal amount due and/or provide … Continue Reading

Dutch Government’s proposals for the introduction of a binding, pre-insolvency composition – the “Dutch Scheme”

In our latest Restructuring Global Insight Series e-newsletter, our colleagues Marc Molhuysen and Connie van Niekerk take a look at the so-called “Dutch Scheme” to better understand the proposal likely to transform Netherlands insolvency legislation.  To learn more about the recently drafted bill, referred to as the Court Confirmation of Extrajudicial Restructuring Plans to Prevent Bankruptcy … Continue Reading

Beware secured creditors: The newly amended US Federal Rules of Bankruptcy Procedure now require filing a proof of claim

In our last Restructuring Global Insight e-newsletter of 2017, San Francisco-based partner, Joshua D. Morse, discusses certain recent amendments to Rule 3002 of the Federal Rules of Bankruptcy Procedure (which became effective on December 1, 2017), which impose affirmative obligations on secured creditors to protect the right to distribution in a bankruptcy case.  To read the article, please click here.… Continue Reading
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