Out-of-Court Restructuring Alternatives in EU, Germany & US

McDermott Will & Schulte, a global law firm

ARTICLE / REPORT

Out-of-Court Restructuring Alternatives in the European Union, Germany and the United States

November 2020

Read time: 2 min

Overview

The Coronavirus (COVID-19) pandemic has had a huge impact on the global economy and most businesses, creating thousands of companies with urgent restructuring needs. Restructurings are ideally carried out early, quietly, and quickly. Efficient tools for out-of-court restructurings play a decisive role in value-preserving restructurings, but every jurisdiction has slightly different rules. This Special Report takes a look at the regulations that apply in the European Union, Germany, and the United States.

Darren Azman

Partner

New York – One Vanderbilt Avenue

Dr. Uwe Goetker

Partner

Düsseldorf

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