Deal of the Month: restructuring of Dexia Bank
Johan Ysewyn, competition partner, Clifford Chance Dexia Bank was one of the early casualties of the credit crunch and one of the most difficult distressed banks cases. Dexia had become the ward of no less than three governments: Belgium, France and Luxembourg. The most recent aid package, including a €5.5bn (£4.8bn) capital injection and financial […]