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…

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