Category

Germany

Category

In brief Snapshot on the status of implementation of the EU Restructuring Directive in selected Member States and the new English scheme Introduction Through the EU Restructuring Directive of 20 June 2019 (EUR 2019/1023, “Directive”), the European Union has imposed an obligation on the EU Member States to offer a more attractive and flexible restructuring scheme in their respective local law. The initial deadline to do so had been 17 July 2021. Only a handful…

As the 2019 Novel Coronavirus (COVID-19) continues to spread across the world, and governments and health authorities work tirelessly to defeat it, major economies are experiencing mounting pressure as consumer spending, production and investment are drastically curtailed due to virus-related risks.We recognize that many of our clients are also facing significant and urgent business impact and legal challenges.Our Baker McKenzie teams across the world are working with clients, regulators and various authorities to produce a…