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Creditors now being allowed to make competing concordato proposals means that the exclusive powers of the debtor are restricted.
No amendment to plan can now be made by debtor after voting.
The available remedies.
Other party to contract must always be heard on petition filed by the debtor, and other changes.
Also: a unified European rail market – good luck with that; restrictions on freedom in Italy; and more.
…in the interests of a company.
A debtor can cram down an agreement to dissenting minority lenders.
Expert calls regulation based on one-stop-shop an “illusion”.
The ECJ has held a secondary insolvency proceeding in the member state where the debtor has its registered office may be opened at the request of creditors entitled under the law of that state.
Across the EUniverse, issue 1: e-books VAT battle; freedom of personal data; shareholders’ rights revisited; and more
Legal implications of the latest moves in Brussels.
Better payouts to all creditors.
This paper looks at the construction of normal value in World Trade Organisation anti-dumping law in relation to market economies.
The subject of so-called ‘minibonds’ has become particularly topical, following the recent conversion into law of the decree law ‘Destinazione Italia’ at the end of February.
Timely forwarding of the notice of convocation of the shareholders’ meeting of a limited liability company: presumption of receipt
NCTM focuses on the forwarding of the notice of convocation of the shareholders’ meeting of a limited liability company and the presumption of receipt.