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CMS Guide on Restructuring Possibilities in Europe

15/05/2014

We are delighted to present the CMS Guide on Restructuring Possibilities in Europe. This report provides an overview of the various restructuring possibilities throughout 19 European jurisdictions.

While the European Commission strives for unity of laws within the European Union, it is clear that there are (and will most probably remain) numerous differences between in-court and out-of-court possibilities for restructuring. While these differences may create confusion and uncertainty, they can also create new possibilities.

In the recent CMS Guide to finding COMI 'forum shopping' was given consideration. This is relevant in this respect as well. Under certain circumstances it is possible to choose the national insolvency law that will apply. The CMS Guide on Restructuring Possibilities in Europe focuses both on the ‘insolvency proceedings’ as mentioned in the EC Insolvency Regulation (EIR) and on restructuring options that do not have a legal basis.

If you have any questions regarding the issues contained in this report, please contact us. A contact list is included at the end of this report, and to the right of this page.

Publication
CMS Guide on Restructuring Possibilities in Europe [Download]
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Authors

Picture of Günther Hanslik
Günther Hanslik
Partner
Vienna
Ian Parker
Picture of Erika Papp
Erika Papp
Managing Partner
Budapest
Picture of Jean-François Goffin
Jean-François Goffin
Partner
Brussels
Picture of Daniel Carton
Daniel Carton
Picture of Paolo Bonolis
Paolo Bonolis
Partner
Rome
Picture of Carole Dessus
Carole Dessus
Partner
Lyon
Picture of Vivian Walry
Vivian Walry
Partner | Avocat à la Cour
Luxembourg
Picture of Gregor Famira
Gregor Famira
Partner
Vienna
Picture of Jan Willem Bouman
Jan Willem Bouman
Partner
Utrecht
Rolf Leithaus
Dr. Rolf Leithaus
Partner
Cologne
Malgorzata Chruściak
Alexandra Schluck-Amend
Dr. Alexandra Schluck-Amend
Partner
Stuttgart
Joaquim Shearman de Macedo
Joaquim Macedo
Partner
Lisbon
Picture of Peter Wiltshire
Peter Wiltshire
Partner
London
Miss Alina Tihan
Picture of Nacho Fernandez Aguado
Nacho Fernández Aguado
Partner
Madrid
Dr Stephan Werlen
Dr Stephan Werlen, LL.M.
Partner
Zurich
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