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Hungary introduces new reorganisation for companies in distress due to pandemic

05/05/2021

The Hungarian government has recently introduced a new restructuring tool with the aim of supporting companies suffering from financial difficulties due to COVID-19. Financially distressed companies will receive an automatic stay while the company puts together...

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Authors

Portrait ofErika Papp
Erika Papp
Managing Partner
Budapest
Portrait ofSzabina Soptei
Szabina Soptei
Associate
London